Antitrust enforcement should not be driven by academics, pundits, and rent seekers who believe they know better than markets. Here are 3 of the false beliefs behind “designer antitrust.”
Advocates of wide-ranging “neutrality” fail to realize that not all ideas flourish in identical conditions, and that platforms cannot survive endless external interference. We should let customers and entrepreneurs play their natural role in the market to discover the best ideas and practices.
Advocates of “neutrality,” be it of net, search, or platforms want regulations that effectively turn valuable and dynamic business to tasteless commodities. Yet some relationships should not be neutral if they are to be effective.