1.
Should antitrust break with the
past?
Tim Brennan*
Professor, Public Policy and Economics, UMBC
Senior Fellow, Resources for the Future
brennan@umbc.edu
Anti-Trust and Anti-Globalization
Second FCP Annual Conference
European University Institute
Florence, Italy
21 October 2017

2.
Will US antitrust enforcement be different?
• Changes of goals more likely had Sec. Clinton
been elected
• But: AT&T/Time Warner Cable
• “America First”: anti-globalisation?
• Advocates across political spectrum
2nd FCP Ann. Conf., Florence IT 21 Oct. 2017Brennan: Other goals for antirust 2

3.
Should antitrust enforcement pursue
different goals? Things to keep in mind
• Including anti-globalisation
• Tradeoff: Willing to let prices go up if …
• What else (beside price regulation) for static
efficiency?
• Better policy tools for other goals
• Isn’t antitrust already hard enough?
2nd FCP Ann. Conf., Florence IT 21 Oct. 2017Brennan: Other goals for antirust 3