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Yes, I do question the value of antitrust laws. The Friedman quote was meant to show that given the existence of antitrust laws, it is still not in your long t
by te_platt 15y ago
Yes, I do question the value of antitrust laws. The Friedman quote was meant to show that given the existence of antitrust laws, it is still not in your long term interest to seek to have them enforced in your industry. Arguing that the government should have power to punish your competition is also an invitation for the government to regulate you.