Antitrust After Populism

Document Type

Book Chapter

Publication Date



This chapter examines the decline of the antitrust movement in the United States. It analyzes Richard Hofstadter's What Happened to the Antitrust Movement? that concerns the disappearance of the movement just as it attained greater power as a regulator of industry structure and conduct. It considers the two arguments that Hofstadter believed to had happened that led to the decline: businesses had fit much more comfortably into the landscape of public opinion, and antitrust became much more technical and began to speak the language of economists.


antitrust movement, Richard Hofstadter, What Happened to the Antitrust Movement, industry structure

Publication Title

The Making of Competition Policy: Legal and Economic Sources