Antitrust Regulation Harmful: Repeal Needed for Consumer Protection and Innovation
Antitrust regulation is harmful to consumers, competition, and innovation, and should be repealed. This involves getting rid of laws like the Sherman Act and the Clayton Act. A market-based approach to competition would be better and reduce government interference. Populist politicians want more antitrust enforcement, especially against big tech companies like Facebook and Google. This could threaten entire business models like franchising.