If U.S. antitrust policy makers are not careful or well-equipped to fully understand these subtle and complex matters, they could throw out the baby of American innovation with the bathwater of anti-competitive practices. The role of antitrust policy, like all public policy, is to minimize the costs and maximize the societal benefits of economic changes. There are two instances where antitrust policy actions during Biden’s administration could have a lasting effect. What Should Be Biden’s Antitrust Policy Guardrails? The Need for a Sober, Well-Reasoned and Focused ApproachAssessing the competitive impacts of today’s “big tech” firms is no simple matter.

Source: Forbes July 31, 2021 23:26 UTC