
Hail to the Chief of Facebook
Capitalisn't
Are You Saying That We Should Rewrite Antitrust Rules?
The antitrust rule were created in 1890, when politicians and even economists did not understand very well the difference between what is a monopoly and distortion monopoly. And so are you saying that we should rewrite antitrust rules? No, we should just reinterpret the antitrust rule. The law, the 1890 Sherman Act, does not speak the language of economics because they've not been developed at the time yet.
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