At the same time, Congress created the Federal Trade Commission to use the new law to fight and prevent monopoly power. The reform project stalled during the First World War and, with persistent bad actors in the economy, monopoly power would rise again. “Effective antitrust laws must bring about both competitive behavior and competitive industry structure,” the report read. ADADToday, with Congress’s powerful big tech report in hand, we’re faced again with a choice between democracy and monopoly. Over the past century, lawmakers studied monopoly power and passed legislation to curb it.

Source: Washington Post October 08, 2020 14:12 UTC