Real Clear Policy: The War on Big Tech Threatens Consumer Welfare

Some policymakers are seeking to expand antitrust laws to target big tech. If this expansion is not rooted in sound economic analysis, as the current laws are, who’s to say when a company is too large and powerful? Would the effort to break up or rein in big companies stretch beyond online platforms to more traditional industries? Would unelected bureaucrats be handed the authority to reshape our economy based on ad hoc rulemaking, thereby weaponizing antitrust rules to beat successful businesses and business models? How are regulators’ political and ideological motivations to be prevented from targeting disfavored businesses?

None of these questions have convincing answers. The current antitrust laws are sufficient. Read our latest op-ed in Real Clear Policy.

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