|Source: Organization for Economic Cooperation and Development, Historical Statistics, 1960-1987 ( Paris, 1989).|
ing once again to take account of innovation and what has been called dynamic competition. Many thought the existing frameworks dealt with such matters satisfactorily. Others seemed to think these matters were not particularly important or central to U.S. competitiveness. The following chapters embody those diverse views. (A synopsis of each chapter is provided in the last section of our Introduction.) We believe that in the following pages a strong suggestion emerges that U.S. antitrust policy needs additional adjustment before it connects soundly with the reality of global competition driven by technological and organizational innovation.
April 1991 D.J.T.