
Michael Munger on Antitrust
EconTalk
00:00
Antitrust Perspectives: Conservatives vs. Libertarians
This chapter examines the contrasting views of economic conservatives and libertarians on antitrust laws, focusing on the Sherman Act and the role of the state in regulating trade. It highlights the complexities of monopoly definitions and critiques the efficacy of current antitrust policies in protecting consumer interests. Through case studies, including the aluminum market and Google, the discussion reveals the challenges faced by antitrust authorities in managing competition and defining market structures.
Transcript
Play full episode