Frankfurter lives on: The Tipline for 15 November 2017

While some prefer the term “New Brandeis” to “hipster antitrust” in describing the pro-enforcement school of thought that goes beyond consumer welfare, today is the 135th birthday of the man who helped to put Louis Brandeis’s theory into effect during the New Deal. After joining the Supreme Court, Felix Frankfurter continued to view big business with suspicion, but also questioned whether competition was the appropriate policy for regulated industries.