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Hornberger's Blog

Abolish the FTC, Antitrust Laws, and Monopolies

The FTC’s current lawsuit against Amazon is a perfect example of the statist mentality that undergirds antitrust laws. Amazon is an enormously big and hugely successful business enterprise. Therefore, according to statists, it must be an anti-competitive “monopoly.” The Federal Trade Commission and the Justice Department, the argument goes, need to take judicial action against Amazon to “weaken ...