The Sherman Act contains two sections, and we focus on Section 1, which covers agreements: Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal..
What is the antitrust paradox?
The paradox of antitrust enforcement was that legal intervention artificially raised prices by protecting inefficient enterprises from competition. The book has been cited by over a hundred courts..
The paradox of antitrust enforcement was that legal intervention artificially raised prices by protecting inefficient enterprises from competition. The book has
Joke about falling cats & buttered toast
Statement that apparently contradicts itself
A paradox is a logically self-contradictory statement or a statement that runs contrary to one's expectation. It is a statement that, despite apparently valid reasoning from true premises, leads to a seemingly self-contradictory or a logically unacceptable conclusion. A paradox usually involves contradictory-yet-interrelated elements that exist simultaneously and persist over time. They result in persistent contradiction between interdependent elements leading to a lasting unity of opposites.
Competition law paradox
The ecological observation of high plankton diversity despite competition for few resources
In aquatic biology, the paradox of the plankton describes the situation in which a limited range of resources supports an unexpectedly wide range of plankton species, apparently flouting the competitive exclusion principle which holds that when two species compete for the same resource, one will be driven to extinction.
