Documenting the Antitrust Revolution over Seven Editions of Kwoka and White

Abstract

By a market test of longevity, seven successive editions of The Antitrust Revolution (“TAR”) is a remarkable publishing event. John E. Kwoka and Lawrence J. White (editors) assembled a collection of antitrust disputes written by economists who have expertise in each case. The result has been seven books that are both textbook and treatise. The peg on which TAR hangs is the proposition that economic analysis has “revolutionized” antitrust enforcement. This article unpacks the contents of the editions and shows how the multiple editions reveal the evolution of antitrust law in response to structural changes in the economy as well as advances in economic analysis. We also discuss the one industry found in every edition (telecommunications) and assess external indicators of the book’s influence. The Appendix lists all of the case studies and the authors over all editions.