The Socio-Political Goals of Antitrust Law

Patrick Russell Goold, Cornell Law School

Abstract

The paper attempts to show that antitrust law was created to further three socio-political goals: the protection of democracy, the prevention of unequal wealth distribution, and the preservation of small businessmen. These goals are still relevant to today’s antitrust concerns. However, the goals antitrust law pursues are susceptible to the varying ideological beliefs of the presidential administration. Given the importance of political goals in antitrust law, and the power of the presidential administration over these goals, the new Obama administration would do well to enforce an antitrust policy that was aware of the multiple goals that antitrust embodies.