Procedural and Institutional Norms in Antitrust Enforcement

Procedural and Institutional Norms in Antitrust Enforcement
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Book Synopsis Procedural and Institutional Norms in Antitrust Enforcement by : Harry First

Download or read book Procedural and Institutional Norms in Antitrust Enforcement written by Harry First and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to describe the institutions of antitrust enforcement in the United States and to test those institutions against a set of norms used to assess the operations of administrative agencies. The paper is part of a broader project studying global administrative agencies. The paper begins with a short review of the statutory structure of the U.S. antitrust system (federal, state, and private) and a more in-depth description of the institutional structure of antitrust enforcement in the United States, including the interaction between U.S. and non-U.S. enforcement agencies. The second part of the paper examines the performance of the two federal enforcement agencies (the Justice Department Antitrust Division and the Federal Trade Commission) in two general areas, case-by-case decision-making and institutional performance. Within the case-by-case category, the paper reviews three aspects of the process -- the decision to proceed, adjudication, and appeals -- and two broad due process norms relevant to individual case decision-making -- non-discrimination and proportionality of remedies. Within the institutional performance category, the paper reviews five broad norms -- operational efficiency, expertise, transparency, accountability, and the rule of law. With regard to each of these ten areas, the paper describes and assesses the two antitrust agencies separately. The paper concludes that the U.S. antitrust enforcement system measures up well in terms of the due process and institutional performance norms that are the focus of the study. Although major structural changes in the system appear to be both unnecessary and unlikely, the paper suggests some incremental changes to increase transparency and accountability throughout the decision-making process.


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