In the late 19th century, many Americans thought that the government should do something about the unchecked power of industrial corporations. Congress passed the Sherman Anti-Trust Act, which makes “restraints of trade” illegal and aspired to break up trusts that undermined the public interest. But the statute was vague in defining these principles. What exactly is a “restraint of trade,” and how do you find it? Anti-trust has been around for more than a century in the United States, and yet each generation seems to reinvent what it means and how its principles are applied. Through a public conversation, experts in the field explored the concept of antimonopoly from a historical and a contemporary perspective.
Panelists: Richard John, Columbia University; Victoria Woeste,American Bar Foundation; Matt Stoller, Open Markets Institute