An Early Assessment of the Sherman Antitrust Act: Three Case Studies

Loading...
Thumbnail Image
Degree type
Graduate group
Discipline
Subject
antitrust law
Business
Law
Funder
Grant number
License
Copyright date
Distributor
Related resources
Author
Orlando, Anthony
Contributor
Abstract

The majority of the research literature on early antitrust law focuses on prices and output, but few empirical studies decompose these symptoms into the causes that the underlying theory suggests. The literature has been equally silent about secondary effects, even when their derivative claims dependent on and could be proven (or disproven by) evidence in such data. This paper focuses on three case studies where the United States Supreme Court used the Sherman Antitrust Act to justify significant government intervention in an industry, resulting in the breakup of a major trust or cartel—Chesapeake & Ohio Fuel Co. v. United States, Standard Oil Co. of New Jersey v. United States, and United States v. American Tobacco Co.—by measuring five industry metrics and their relation to the antitrust action: capital, number of establishments, employment, profit margin, and revenue.

Advisor
Date of degree
2009-04-01
Date Range for Data Collection (Start Date)
Date Range for Data Collection (End Date)
Digital Object Identifier
Series name and number
Volume number
Issue number
Publisher
Publisher DOI
Journal Issue
Comments
Suggested Citation: Orlando, Anthony. "An Early Assessment of the Sherman Antitrust Act: Three Case Studies. Wharton Scholars Research Journal.. University of Pennsylvania. April 2009.
Recommended citation