Competition Policy in America, 1888-1992
Subtitle: History, Rhetoric, Law
Publisher: Oxford University Press, USA
Published: December 21, 1995
Language: eng
Number of pages: 384
ISBN-13: 9780195074611
First sentence: Competition policy has been one of twentieth-century America's most durable goods.
Description: In Competition Policy in America, 1888-1992, Rudolph Peritz explores the durability of free competition imagery by tracing its influences on public policy. Looking at congressional debates and hearings, administrative agency activities, court opinions, arguments of counsel, and economic, legal, and political scholarship, he finds that free competition has actually evoked two different visions - freedom not only from oppressive government, but also from private economic power.

He shows how the discourse of free competition has mediated between commitments to individual liberty and rough equality - themselves unstable over time. This rhetorical approach allows us to understand, for example, that the Reagan and Carter programs of deregulation, both inspired by the rhetoric of free competition, were driven by fundamentally different visions of political economy.