Trump’s ‘America First Antitrust’ Policy Will Put America Last
Brian Albrecht, Chief Economist at ICLE, is quoted in this Reason article on the risks of Trump’s “America First” antitrust agenda. Read the full story here.
Brian Albrecht, chief economist at the International Center for Law & Economics, says “It is very strange to compare a government-granted monopoly to any of the relevant ‘monopolies’ people worry about today.”
Moreover, Slater’s claim that labor antitrust is deeply rooted in common law tradition and Supreme Court precedent is wrong because “most of the labor antitrust has happened in the last 15 years,” according to Albrecht.
The empirical record unambiguously shows that “antitrust, at least before the development of the consumer welfare standard, was employed to help competitors and a form of rent seeking,” says Albrecht.