With the FTC suing Amazon for anti-competitive practices, there appears to be a renewed focus on antitrust enforcement. What does economic research think about it?
For hundreds of years, this nation did lots of antitrust at the state and sometimes even local level, that should be restored. It was also (and I mean compared to today, I don't mean some kind of Borg Collective type "universal democracy") done at the unmeasurably and unknowably generated directions of a great deal of different interests groups and, despite what they say, sometimes groups of "regular" people who studied issues and sometimes had great successes. It was a democratic republic once, an imperfect one, but an improving one, and by the late 1970s we'd abandoned it for a technocratic dictatorship that has performed far worse.
For hundreds of years, this nation did lots of antitrust at the state and sometimes even local level, that should be restored. It was also (and I mean compared to today, I don't mean some kind of Borg Collective type "universal democracy") done at the unmeasurably and unknowably generated directions of a great deal of different interests groups and, despite what they say, sometimes groups of "regular" people who studied issues and sometimes had great successes. It was a democratic republic once, an imperfect one, but an improving one, and by the late 1970s we'd abandoned it for a technocratic dictatorship that has performed far worse.