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The return of antitrust activism in recent years and the rapid developments in the communications and technology industries have enhanced the need for a good, basic guide to antitrust laws. In The Antitrust Laws, a former top antitrust officer at the U.S. Department of Justice and a noted economist guide readers through the increasingly complex antitrust laws. Executives will find in this primer vital information on how the antitrust laws will affect the conduct of their business. Students interested in the economic and legal framework within which businesses operate will find it a practical overview. More experienced readers will also benefit from this volume. In particular, corporate counsel will find it useful in developing compliance programs.

In this fourth edition of The Antitrust Laws: A Primer, the authors substantially update material on international antitrust policy and intellectual property in light of recent developments. They also consider the role of antitrust laws in accommodating the tension between the desire to innovate and the desire to optimize the rate of diffusion of new inventions. The Antitrust Laws also provides readers with an analysis of mergers and acquisitions and an assessment of international antitrust enforcement that reflects recent guidelines and the evolving agreements among nations to cooperate in enforcement.

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John H. Shenefield

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Irwin M. Stelzer

Dr Irwin Stelzer is a senior fellow and director of Hudson Institute's economic policy studies group.  Prior to joining Hudson Institute in 1998, Stelzer was resident scholar and director of regulatory policy studies at the American Enterprise Institute.  He also is the U.S. economic and political columnist for The Sunday Times (London) and The Courier Mail (Australia), a contributing editor of The Weekly Standard, a member of the Advisory Board of The American Antitrust Institute and a member of the Visiting Committee of the Harris School of Public Policy Studies at the University of Chicago.

 Stelzer founded National Economic Research Associates, Inc. (NERA) in 1961 and served as its president until a few years after its sale in 1983 to Marsh & McLennan.  He also has served as a managing director of the investment banking firm of Rothschild Inc., a director of the Energy and Environmental Policy Center at Harvard University, he has been a member of the board of the Regulatory Policy Institute (Oxford) and an advisor to the U.S. Trade Representative.        

As a consultant to several U.S. and United Kingdom industries with a variety of commercial and policy problems, Stelzer advises on market strategy, pricing and antitrust issues, and regulatory matters.

His academic career includes teaching appointments at Cornell University, the University of Connecticut, and New York University.  He has been elected a Visiting Fellow at Nuffield College, Oxford.  He is a former member of the Litigation and Administrative Practice Faculty of the Praticing Law Institute.  He served on the Massachusetts Institute of Technology Visiting Committee for the Department of Economics, and has been a teaching member of Columbia University's Continuing Legal Education Programs.           

Stelzer received his bachelor and Master of Arts degrees from New York University and his doctorate in economics from Cornell University.

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