Antitrust advocates have set their sights on five leading information-technology companies—Amazon, Apple, Facebook, Google, and Microsoft. Although the would-be trustbusters profess disdain for the Chicago School, which had long recommended against antitrust actions except in rare cases of actual consumer harm, they unwittingly advocate some of the school’s worst traits while manifesting few of its many virtues.

Richard N. Langlois is Professor of Economics at the University of Connecticut.
Antitrust, Competition, and MonopolyBanking Law and RegulationEconomic PolicyEconomyLaw and LibertyLitigation