#claytonact — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #claytonact, aggregated by home.social.
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CW: Long thread/9
That is, Bork claimed that a close reading of existing antitrust laws - the #ShermanAct, the #ClaytonAct, the #FTCAct - would reveal that Congress didn't want regulators or judges to prevent or break up monopolies. No no no! These laws were only drafted to punish *bad* monopolies.
A "bad monopoly" is one that uses its market power to raise prices or lower quality.
9/