The Federal Trade Commission and the Antitrust Division of the Department of Justice have been especially active under the first two years of the Biden Administration. President Biden and his appointees have demonstrated a willingness to use the antitrust laws to target successful American companies. Even after court losses and a failed legislative push, antitrust enforcers are still pushing. It is time for conservatives to push back. Republicans in Congress should make every effort to codify the long-standing consumer welfare standard, and they should work to limit the power of the antitrust agencies. Lexington Institute’s John Cicchitti has written about this topic in RealClearMarkets here.
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