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Once again your position as the smartest guy in the room is unquestionable! How to you ever find the time for such cogent analyses one after the other?

The US has not had a Trust Buster like Khan since Teddy Roosevelt. Part of the problem is partially semantic, nearly everywhere else in the world they call it Competitive Policy, not Anti-trust. It is like when the wealthy chose to call the Inheritance Tax the Death Tax. Not to mention the rise of the Neoliberal/Neofeudal economics cult, that says that anti-trust is like the Gold Standard, an archaic relic, and that monopolies are our friends. Plus, court cases that take the better part of a decade to resolve, are hardly an effective process, even if the cases were not rigged from the start. Anyway, you are my hero!!!!

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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