CARL KAYSEN AND DONALD F. TURNER

Antitrust policy may serve a variety of ultimate aims: . . . the at-
tainment of desirable economic performance by individual firms
and ultimately by the economy as a whole; the achievement and
maintenance of competitive processes in the market-regulated sec-
tor of the economy as an end in itself; the prescription of a standard
of business conduct, a code of fair competition; and the prevention
of an undue growth of big business, viewed broadly in terms of
the distribution of power in the society at large.

The desirable economic results which we seek refer ultimately to
the whole economy. At this level we wish to see: (1) efficiency in
the use of resources--the achievement of the largest bundle of
desired outputs from the available bundle of resources; (2) prog-
ress--growth of total output and of output per head and devel-
opment of new cheaper production methods and new improved
products; (3) stability in output and employment--growth at a
relatively stable rate, rather than with large fluctuations; and (4)

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