THE CLOSED ENTERPRISE SYSTEM: Ralph Nader's Study Group Report on Antitrust Enforcement

by Mark J. & Others Green ‧ RELEASE DATE: April 27, 1972

Using their own brand of dynamite (documentation capped with names), Ralph Nader's guerrillas from the groves strike again, this time at the machinations of economic monopoly and feckless enforcement of antitrust laws by both the Justice Department's Antitrust Division and the Federal Trade Commission -- ""crime in the suites"" (as Nader calls it in his introduction here) which costs the American consumer billions of dollars every year. This latest report by a Nader task force (eight members led by Green, most lawyers or law students, all Harvard) not only rips into the sleazy corporate practices of price fixing, collusion, and oligopolistic behavior and the ""energetic indifference"" of Congress, Justice, and the FTC in dealing with the politics of antitrust, but it offers specific corrective remedies for achieving a truly competitive system, ""one with maximum production at the cheapest prices."" Putatively only one step in an already launched campaign to make antitrust as popular a cause as, say, ecology or women's liberation, the report caused some well publicized stable-cleaning at the FTC when it was released last summer to the press in limited mimeo edition; Nader's current litigation against the milk industry is presumably another move in the planned strategy. In any event, this vigorous, fact-filled document -- written in the same unassuming prose style as the many other Nader-sponsored investigations -- will help us understand that ""the hand of oligopoly grips us all.

Pub Date: April 27, 1972

ISBN: N/A

Page Count: -

Publisher: Grossman

Review Posted Online: N/A

Kirkus Reviews Issue: April 1, 1972

Categories: NONFICTION