Anti-Trust Laws and the Consumer

The Sherman Antitrust Act has been relatively timid for over 120 years.

There always is a debate about what actually is a monopoly. Many on the left consider size alone as the deciding factor in judging a monopoly, when in the past, the competitive effect on the consumer was important.

                       

The bottom line whether there is a monopoly should be the effect on the consumer. If the corporate situation being investigated helps the consumer, then there is no monopoly. The whole intent of the Act was in the interest of the public.

                       

What is telling is the administration’s position and the support of lawyers, who are always ready to sue. But such plaintiffs do not always have the consumers’ interest at heart

                       

What about jobs? Any effects of strict leftward trusts’action will be jobs-negative. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)