Antitrust “Reform” Gains Momentum and Finds New Targets
Wayne Brough of the R Street Institute pointed out that S. 2992 would limit business practices that are economically efficient, reduce competition and threaten many products that have been beneficial to consumers. He also noted that it would require a new and more intrusive level of regulatory oversight, with bureaucrats deciding what type of competition is appropriate and which is unfair. It would also increase the burden on business and consumers, while stifling innovation.
