Synopses & Reviews
Trust on Trial, a hard-hitting examination of competition in the modern marketplace, tackles the monopoly issue head-on. Through the lens of the Microsoft case, the first large-scale antitrust proceedings of the digital age, it challenges the efficacy of modern antitrust enforcement. While testing the appropriateness of new economic assumptions-from network effects to lock-ins-it forces us to ask whether nineteenth-century antitrust law, combined with twentieth-century enforcement norms, is applicable to the twenty-first-century problems of business organizations.
Synopsis
An incisive argument proving that current rules of business competition are rendered obsolete by the dynamics of information-age companies
About the Author
Richard B. McKenzie, Ph.D., is Professor of Economics and Management in the Graduate School of Management at the University of California, Irvine. He has written extensively on public policy and his columns have appeared in the Wall Street Journal, the Los Angeles Times, and Investor's Business Daily.