The Significance of American Antitrust Policy in Reduction of Global Market Concentration

Abstract

In the conducted generalization about the issues for evolution of views on perfect competition and, accordingly, antitrust policy, the tendency of a significant reduction in market concentration in the world is emphasized, which is associated with the reasonable antitrust policy of the modern USA. The author, using the methodology of the laws of physics, recommends maximum observance of the atomic balance in the core of market competition and proposes optimization of a freer tax burden on corporate profits and personal income. The race for growth of quantitative indicators of competitors led to a decrease in qualitative results and significant losses from overproduction. The work analyzes and identifies the possible reasons for excessive market concentration in detailed subcategories of even the most developed market. According to the author’s conclusion, this was the reasonable antitrust policy that determined the best optimal rates of economic growth and taxes among the most promising economies.