Hovenkamp defends the antitrust status quo in accessible and wonderfully jargon-free prose. The book succeeds in offering profound insights for antitrust specialists while remaining accessible to lay readers… Regardless of where the law heads next, The Antitrust Enterprise is valuable simply on its own terms—as a compact and authoritative exposition of U.S. antitrust law. It is most interesting, however, as the archetypal defense of this era of antitrust modesty. Only with the benefit of hindsight—perhaps forty or fifty years from now—will scholars be able to understand fully this epoch in context. It is a safe bet, however, that The Antitrust Enterprise will be considered the classic work of this era.