Date of Award

Spring 2022

Degree Type



Moore School of Business

Director of Thesis

Dr. William Hauk

First Reader

Dr. John Gordanier

Second Reader

Dr. John Gordanier


Changes in the interpretation of antitrust law since the Reagan administration have created a simultaneous increase in mergers/acquisitions and a decrease in antitrust action. This trend started with Ronald Reagan in an effort to bolster a stagnant United States economy, yet in spite of the revolution the global economy has undergone in the last few decades, this trend is still perpetuated today. While this has helped the United States economy abroad, it has come at a cost domestically. A number of industries have become dominated by a single firm (or a group) through a variety of anticompetitive practices, and their continued dominance threatens consumer welfare. Industries singled out as “ripe for antitrust action” include agricultural seed (Monsanto / Bayer AG), insulin production (Eli Lilly, Novo Nordisk, and Sanofi), eyewear (EssilorLuxottica), and social media (Meta).

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