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Richard Posner, University of Chicago Law School professor and probably the most cited legal scholar, till 2014 ran a blog with Nobel Prize successful economist Gary Becker. Competition law, recognized in the United States as antitrust law, is an evolving subject that traces as far back as Roman decrees against value fixing and the English restraint of trade doctrine. Modern competition law derives from the U.S. anti-cartel and anti-monopoly statutes of the flip of the twentieth century.
The third type of legal system—accepted by some nations without separation of church and state—is spiritual law, based on scriptures. The specific system…