Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition
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The process of learning what’s most efficient and profitable includes merging with competitors and taking over different stages of the supply chain—all tactics that would be considered in violation of current antitrust laws.
Original Article: “Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.