Cory Doctorow's linkblog · @pluralistic
40239 followers · 38122 posts · Server mamot.fr

The American elite has *always* hated antitrust. In the 1980s, , abetted by and his co-conspirators at the gutted antitrust through something called the "," 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

Last updated 2 years ago

Cory Doctorow's linkblog · @pluralistic
39875 followers · 37282 posts · Server mamot.fr

They haven't made a secret of this. 40 years ago, the antitrust bar underwent a hostile takeover by billionaires' lickspittles from the , who explicitly argued that were *good* and demanded that judges ignore 75 years of jurisprudence and use antitrust law to *defend* monopolies:

eff.org/deeplinks/2021/08/part

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#chicagoschoolofeconomics #monopolies

Last updated 2 years ago