Antitrust Revolution

The Antitrust Revolution refers to a significant shift in how governments, particularly in the United States, enforce laws designed to promote competition and prevent monopolies. Starting in the late 20th century, there was a re-evaluation of antitrust policies to focus more on consumer welfare, which allowed for mergers and business practices that might enhance efficiency, even if they reduced competition. This shift sparked debates about the balance between fostering innovation and ensuring fair competition, raising questions about how to best protect consumers and the economy from the potential abuses of power by large corporations.