EXCERPT
Something unusual happened on Capitol Hill last week: The Big Tech companies, their hundreds of lobbyists, and their well-funded network of policy groups took a loss. The House of Representatives successfully passed a small package of antitrust reform bills designed, in part, to limit gamesmanship and increase scrutiny on the largest, most powerful corporations in world history.
Now, they didn’t save the world or anything; the bills the House just passed are small, procedural, and bureaucratic in the grand scheme of things. Nevertheless, they are very important.
• • •
The political right must be prepared to use the power of the government against bad market actors, because that is what antitrust is: the rule of law in the market.
Christopher Bedford is the executive editor of the upcoming magazine, Common Sense. Follow him on Twitter.
Originally published in The Federalist.