> In the US, the Chicago School of Thought says a company doesn't do anything wrong from a market position until customers are charged more > In the EU, monopo

> In the US, the Chicago School of Thought says a company doesn't do anything wrong from a market position until customers are charged more > In the EU, monopoly is gauged by how much choice and diversity is lost, even in the face of free product. I am very much aligned with the EU view of monopoly. Interestingly the US used to have the EU viewpoint as well, until the 1970s. Robert Bork was one of the main people behind that. For those interested in a deeper look at Antitrust in America, Planet Money had a great three part series on the topic [1]. [1] https://www.npr.org/sections/money/2019/03/20/704426033/antitrust-in-america https://www.npr.org/sections/money/2019/03/20/704426033/anti...