NYU School of Law News
First supports government action against OPEC, revitalization of antitrust
In a June 19 Los Angeles Times op-ed, Harry First, Charles L. Denison Professor of Law and director of the Trade Regulation Program, calls on the next Congress to stand up to OPEC and to revive recently defeated legislation allowing the Justice Department to sue the cartel for violating
U.S. antitrust laws. "Decades of putting up with this cartel have done nothing to reduce oil prices," he writes.
Also, in the June 2 issue of The Nation, First examines the diminished state of civil antitrust litigation and the concurrent rise in monopolistic behavior. First advocates not only a resurgence in antitrust prosecution, but also a renewed public interest in economic justice.