Antitrust Ain’t Groovy

Source: Cafe Hayek
by Don Boudreaux

“Slip into a mini-skirt and do the Watusi, for the 1960s are returning — at least if we judge by trends in antitrust enforcement. As you report, California today announced a major antitrust action against Amazon (‘California Sues Amazon, Alleging Antitrust Violations Inflated Prices and Stifled Competition,’ Sept. 14). This action heralds a revival of the hyperactive, arrogant, and anticompetitive antitrust interventions of 60 years ago. It’s not groovy.” (09/14/22)