The Revival of Economics at the FTC in the 1960s

The Revival of Economics at the FTC in the 1960s

This paper examines the declining role of economists at the Federal Trade Commission between 1914 and 1960 and the subsequent growth in their role in the 1960s, including the unique role accorded the Chief Economist as advisor to the Commission and individual Commissioners. It discusses in detail fi...

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Veröffentlicht in:Review of industrial organization 2004-08, Vol.25 (1), p.91-105
1. Verfasser: MUELLER, WILLARD F.
Format: Artikel
Sprache:eng
Schlagworte:
Acquisitions & mergers
Advisors
Antitrust
Cement industry
Clayton Antitrust Act 1914-US
Corporations
Decision making
Economic legislation
Economics
Economists
Editorial Commentary
Executive branch
Food economics
Gasoline
Government agencies
History
Industrial economics
Industrial organization
Light bulbs
Marketing
Political appointments
Reciprocity
Studies
Supreme Court decisions
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Beschreibung
Zusammenfassung:This paper examines the declining role of economists at the Federal Trade Commission between 1914 and 1960 and the subsequent growth in their role in the 1960s, including the unique role accorded the Chief Economist as advisor to the Commission and individual Commissioners. It discusses in detail five major contributions of the Bureau of Economics in the 1960s: (1) origins and evolution of a Line-of-Business Reporting Program; (2) contributions to a National Commission on Food Marketing; (3) report on Corporate Mergers; (4) affirmative Disclosure of the Octane Ratings of Gasoline; and (5) FTC Premerger Notification Programs.
ISSN:0889-938X
1573-7160
DOI:10.1023/B:REIO.0000040548.70602.b5