Munger: Traditional anti trust justifications seem like a really bad idea. The alternative that some would propose, well, let's not worry just about the consumer. Let's worry about whether it's fair to other competitors. He says if we start getting into not just talking in the intersection for seven minutes, everythings cong pretty much come to a standstill. munger: What could economists contribute the design of the policy?
Are tech giants such as Google, Amazon, or Facebook dangerous? Do they have too much power? Dive into the murky waters of antitrust as Michael Munger of Duke University talks with EconTalk host Russ Roberts about monopoly, antitrust policy, and competition in the 21st century.