Overgrazing and overfishing are risks often associated with natural resources owned in common. Entrepreneurs who have attempted to solve such problems through voluntary associations have often run afoul of antitrust authorities for alleged anti-competitive collusioncharges that have scared off a wide range of private approaches to conservation.
Antitrust and the Commons
Cooperation or Collusion?
By Bruce Yandle
This
article
appeared in
the Summer 1998 issue of The Independent Review.
Agriculture RegulationAntitrust, Competition, and MonopolyEconomyEnergy and the EnvironmentEnvironmental Law and RegulationFree Market EconomicsLand UseLaw and LibertyProperty Rights, Land Use, and ZoningPublic Choice
Other Independent Review articles by Bruce Yandle | ||
Fall 2022 | Gaining Ground: Markets Helping Government | |
Summer 2020 | The Next Fifty Years: Optimistic or Pessimistic? | |
Spring 2020 | Narrative Economics: How Stories Go Viral and Drive Major Economic Events | |
[View All (15)] |