Lessons For Competition Law From the Economic Crisis: Can "Too Big To Fail" Trigger Useful Antitrust Intervention?ExpressO (2010)
AbstractThis article examines whether, and the extent to which, antitrust law could contribute to a broader regulatory effort to control the too-big-to-fail problem. The article begins by exploring the nature of the problem. Against this backdrop, antitrust policy and rules are considered to evaluate whether antitrust might play a meaningful role. The article concludes that antitrust law, if vigorously enforced with attention paid to the need to avoid too-big-to-fail problems can be a useful public policy tool to address the problem, although it can come nowhere near solving it or preventing recurrences of recent systemic failures.
Publication DateFebruary 24, 2010
Citation InformationJesse W. Markham. "Lessons For Competition Law From the Economic Crisis: Can "Too Big To Fail" Trigger Useful Antitrust Intervention?" ExpressO (2010)
Available at: http://works.bepress.com/jesse_markham/2/