The American elite has *always* hated antitrust. In the 1980s, #RonaldReagan, abetted by #RobertBork and his co-conspirators at the #ChicagoSchoolOfEconomics gutted antitrust through something called the "#ConsumerWelfareStandard," which ended anti-monopoly enforcement except in instances where price hikes could be directly and unarguably attributed to market power, which is, basically, never.
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#ronaldreagan #robertbork #chicagoschoolofeconomics #consumerwelfarestandard
They haven't made a secret of this. 40 years ago, the antitrust bar underwent a hostile takeover by billionaires' lickspittles from the #ChicagoSchoolOfEconomics, who explicitly argued that #monopolies were *good* and demanded that judges ignore 75 years of jurisprudence and use antitrust law to *defend* monopolies:
https://www.eff.org/deeplinks/2021/08/party-its-1979-og-antitrust-back-baby
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#chicagoschoolofeconomics #monopolies