The antitrust people still have not gotten the message. The only thing that can keep the process from working is the presence of legal barriers to the entry of new firms. Companies often seek regulations to make it difficult or impossible for new competitors to challenge them. All the government needs to do to protect consumers is to refuse to go along. To put it another way, if the freedom and property rights of all people are protected, the free market serves everyone and creates prosperity.
Antitrust laws violate property rights, punish success, and harm consumers.
They should be repealed. Sheldon Richman is vice president of policy affairs for The Future of Freedom Foundation in Fairfax, Virginia.