HKS Authors

See citation below for complete author information.

Professor of Public Policy and Corporate Management in the Aetna Chair, Emeritus

Abstract

This paper, written for a centennial commemoration of the founding of the U.S. Federal Trade Commision, reviews the history of two major cases tackling one of the most difficult problems in U.S. antitrust jurisprudence: the tetracycline case of the 1950s and 1960s and the suit against four (eventually three) breakfast cereal manufacturers in the 1970s.

Citation

Scherer, F.M. "The F.T.C., Oligopoly, and Shared Monopoly." HKS Faculty Research Working Paper Series RWP13-031, September 2013.