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42 Antitrust Bull. 1 (1997)
Introduction: Antitrust and the Economics of the Public Interest

handle is hein.journals/antibull42 and id is 13 raw text is: The Antitrust Bulletin/Spring 1997

Introduction: antitrust and the
economics of the public interest
In empowering the Federal Trade Commission to investigate and
prosecute antitrust cases, Congress mandated that
Whenever the Commission shall have reason to believe that any...
person, partnership, or corporation has been or is using any unfair
method of competition . . . in or affecting commerce, and if it shall
appear to the Commission that a proceeding by it in respect thereof
would be to the interest of the public, it shall issue and serve upon
such person, partnership, or corporation a complaint stating its charges
Law and Commission rulings have, through the years, defined
forms of business conduct that are unfair. The volume of
antitrust cases brought by the Commission since the promulgation
of the FTC Act allows us to infer that the Commission has through
the years determined the meaning of the interest of the public.
* Economist, Antitrust Division, Bureau of Economics, U.S. Federal
Trade Commission.
** Federal Trade Commission Act at § 5 (15 U.S.C. § 45).
AUTHOR'S NOTE: All opinions expressed in this article are those of the
author alone, and do not represent those of the Commission, any Com-
missioner, or any other employee of the Federal Trade Commission.

© 1997 by Federal Legal Publications, Inc.

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