Reducing Unions' Monopoly Power: Costs and Benefits

Authors

Robert H. Lande, University of Baltimore School of LawFollow
Richard O. Zerbe Jr., Evans School of Public Policy and Governance, University of WashingtonFollow

Document Type

Article

Publication Date

5-1985

Abstract

There is a fundamental conflict between labor law and antitrust law. The antitrust laws reflect the powerful idea that competition should usually dictate the way our economy is organized, to the benefit of the economy as a whole, including workers. But the labor exemption to the antitrust laws suggests a different policy: workers should have the right to eliminate competition for wages, hours, and working conditions.

Recommended Citation

Reducing Unions' Monopoly Power: Costs and Benefits, 28 J.L. & Econ. 297 (1985)