Modernizing U.S. Antitrust Law: The Role of Technology and
Innovation
ByThomas A. Hemphill
Thomas A. Hemphill is a visiting instructor in the Department of
Strategic Management and Public Policy in the School of Business at The
George Washington University. Contact tomhemphill@comcast.net.
Antitrust law is an important feature of the U.S. business environment,
profoundly affecting the strategies and actions of firms of all
sizes and in many industries. Furthermore, antitrust litigation
can adversely affect the competitive outlook for a publicly-traded company
that finds itself in the unenviable role of defendant. From time to time,
the U.S. Congress has undertaken major reviews of current legislation
to adapt it to emerging challenges in the economy.