Americans are confronted with a paradox: the United Stateshas become increasingly long on competition and short on competitiveness. The growing debate on the competitivenessof the United States has been spurred by a less than salutary economic growth. Even with recent profound changes in United States antitrust laws, such as progress towards taking into account global competition, little scholarship has been compiled on the connection of antitrust laws to trade or technology policy. Antitrust, Innovation, and Competitiveness explores how the U.S. antitrust laws, especially the Sherman Antitrust Act, haveaffected the ways in which U.S. corporations can compete in world markets. The editors begin with the considerationthat current antitrust laws unwisely restrain innovation and competitiveness by inhibiting desirable pro-competitive communication, cooperation, and alliances among firms. This results in an impediment to the performance of U.S. firms competing in industries experiencing rapid technological change. Not all of the contributors agreed with the editors about the degree to which the antitrust laws do indeed inhibit innovation or U.S. industrial performance. Thus, the book represents a variety of views on a topic of increasing importance. Contributors include Professors Phillip Areeda, William J.Baumol, Ann I. Jones, Robert P. Merges, Richard R. Nelson,Janusz A. Ordover, Thomas M. Jorde, Richard Schmalensee, Lawrence A. Sullivan, David J. Teece, Oliver E. Williamson,and Judge Frank H. Easterbrook.