Hipster antitrust taken to its logical extreme involves the government using its power over firms to make them do whatever politicians feel like.
Antitrust
The Bayer Monsanto Merger
Had the government regulators not approved Bayer’s acquisition of Monsanto, human flourishing would have diminished.
Why Is Facebook’s CEO Mark Zuckerberg Groveling?
The Public “Flogging” of Facebook’s Mark Zuckerberg
Antitrust, Politics and the Media
On June 2, the Federal Communications Commission plans to vote on a new set of rules for media ownership. These rules dictate how many television stations can own, as well as cross-ownership of newspapers and television stations in the same market. The FCC's changes...
Death by Antitrust: Mountain Health Care, R.I.P.
Last Friday, Mountain Health Care of Asheville, North Carolina, will close its offices for good. The 11 year-old company died not from bankruptcy or poor business judgment, but of antitrust poisoning. More accurately, the United States Department of Justice executed...
Defending the Indefensible: Nestles-Dreyer’s Ice Cream Merger
The FTC knows their actions are rationally indefensible, which is why they rely on smearing their opponents and tossing around floating abstractions like “consumer welfare” to justify what they’re doing.
Educating the Monopolists: Antitrust Prosecutor Klein Works to Reduce Competition in Education
When New York Mayor Michael Bloomberg first named Joel Klein to head the city's public school system, the irony was immediately apparent: an antitrust lawyer heading one of the nation's most infamous (and ineffectual) monopolies. Last month, however, Klein's tenure as...
The Antitrust “Shakedown” Racket: Abolish the Hart-Scott-Rodino Act
This Monday President Bush proposed a $2.2 trillion federal budget to Congress. Momentarily setting aside the sheer outrage over the destruction of such vast wealth in the pursuit of unconstitutional government programs, two items are of particular interest to those...
Price Check on Antitrust: WalMart’s Acquisition of Britain’s Safeway PLC
A battle is looming in London as three companies prepare to vie for control of Safeway PLC, a major British supermarket chain unrelated to the U.S. company of the same name. Last week, Safeway agreed to a $4.6 billion buyout from William Morrison Supermarkets. That...
A Letter to the Department of Justice Concerning the Microsoft Antitrust Case
I'm writing to oppose the antitrust case against Microsoft. Antitrust contradicts the free enterprise system and is a violation of the rights of business owners, their stockholders and consumers. No one is or ever has been forced to buy Microsoft products. And no one...
How History Repeats Itself: The IBM Antitrust Case of 1972
Hear is an article I wrote back in 1972 about the IBM antitrust case. The parallels are remarkable. If you replace the then complainers such as CDC, Univac, Telex, etc. with Netscape, Sun, etc. the article would appear to be about current events. At that time, I also...
Microsoft’s Nose, Technology’s Face
When future policymakers want to understand the law and economics surrounding one of the most watched antitrust cases in history, they will look to "Microsoft, Antitrust and the New Economy," a recent compilation of essays published by the Milken Institute. The book's...
Microsoft’s Crimes Against Humanity: The Wild West World of Antitrust Litigation
A divided Iowa Supreme Court last week reinstated a class action lawsuit against Microsoft brought by Joe Comes on behalf of himself and his fellow Iowans who purchased computers that came pre-installed with Windows 98. As end-user licensees of the operating system,...
The History and Nature of Capitalism According to Microsoft’s Encarta
Most politicians and economists do not recognize capitalism's crucial characteristic. Given the state of the world today it's easy to see why. In his widely acclaimed speech of September 20, 2001, President Bush said, "Terrorists attacked a symbol of American...
FTC Consent Agreement Against NAPA Valley Doctors is Totalitarian “Justice”
The State of California, like every other state in the Union, has created a legal monopoly within the medical profession that is restricted to only those individuals who are licensed by the states to practice medicine within their jurisdictions.
It’s Time for Congress to Re-evaluate Antitrust
The following written testimony was submitted to the US Senate Committee on the Judiciary for its hearings on the proposed Microsoft antitrust settlement. On behalf of the Center for the Moral Defense of Capitalism, I respectfully submit my testimony to the US Senate...
Activism in Defense of Microsoft
For over four years, CMDC and its supporters have been outspoken advocates against antitrust and the current antitrust case against Microsoft. Before us today is the last chance to tell the government regulators that Microsoft should be lauded, instead of punished for...
Barriers To Entry
How badly flawed are the concepts of freedom of entry, monopoly, and competition that underlie the theory and practice of antitrust.
Microsoft Goes to School: You’re An Evil Predator; Now Teach My Kids
The settlement of the Microsoft anti-trust case got interesting this week -- and developments revealed the laughably absurd nature of much of the suit against the company. Reports in the Wall Street Journal and the Los Angeles Times and elsewhere revealed that Mister...
Microsoft: Out of the Fire and Back Into the Frying Pan
First the good news: The new administration's officials in the Department of Justice have decided not to murder the Microsoft Corporation and carve up its corpse. Now the bad news: They have chosen the more humane option of slow torture. The Justice Department's new...
How Microsoft Competes
Beside Bill Gates, what does Microsoft have that contributes to their success? The authors spent a couple of years trying to find out. Their conclusions: seven complementary strategies and a small set of basic principals of operation. First, find smart people who know...
New State Regulations During ‘Deregulation’ are the Cause of California’s Energy Crisis
The attacks against deregulation of the California power industry by the enemies of capitalism are attacks against a straw man. Deregulation means that government removes onerous regulations that violate the rights of producers and consumers to trade freely (markets...
The Antitrust Laws Require the Government To Initiate Force Against Innocent Citizens
The antitrust laws are thus a palpably unjust legal doctrine, and respect for individual rights demands that the District Court’s judgment against Microsoft be reversed and the antitrust laws held invalid and unconstitutional.
Microsoft Assault is an Inept Stab at “Industrial Policy”
The federal government's persecution of Microsoft is a travesty--the worst combination of third-rate economics and special- interest politics. Last year's ruling against the company may be a victory for envy-driven bureaucrats at the U.S. Justice Department, but it...
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