The ordoliberals, however, held steadfast to their belief that monopoly, large corporations, exclusionary practices, and other concentrations of economic power or utilizations of economic power were harmful to the operation of the market. Like Simons, the ordoliberals feared that economic power perniciously threatened society's freedom by eliminating competition: "For Eucken and his colleagues, history . . . had demonstrated that competition tended to collapse, because enterprises . . . were frequently able to acquire such high levels of economics power that they could eliminate competition" (Gerber 1998, 250). The Chicago neoliberals had no such reservations. In the 1960s and 1970s, when they turned their attention to other areas of law, they gave no weight to considerations of economic power in their analyses.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1154