The debate on campetition law has gained momentum asa result af recent world-wide developments namely the demise of the Soviet Union, globalisation and neo-liberal politics. The new world order has led to an expansion of commerce and trade. Additionally, it has significant/y favoured the already well-known concepts of capitalism, such as freedom of trade, free access to markets, and freedom of choice. These developments have strongly challenged the traditional interventionist perception of antitrust and favoured an approach which is confined by liberal economics. These two rival approaches mainly find their definitions in the studies af the Harvard and the Chicago Schools. Thereforean analysis of the explanation of competition law would be incomplete without same discussion of these two significant schools in the history of antitrust law. This study aims to compare the approach of the Harvard School and Chicago school to antitrust policy
Key words: n.a Article Language: EnglishTurkish
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