Whatever Happened to Antitrust?


Robert Reich has posted his article Whatever Happened to Antitrust?

He has example after example of gross violations of what you would think are the anti-trust laws. Here is just one of his examples.

Drug companies pay the makers of generic drugs to delay cheaper versions. Such “pay-for-delay” agreements are illegal in other advanced economies, but antitrust enforcement hasn’t laid a finger on them in America. They cost you and me an estimated $3.5 billion a year.

As far as I can tell from the article, the anti-trust laws have not changed. They are just not enforced anymore. Is this something we voted for? Well, yes it is when we vote to put any Republicans (and many Democrats) in office. They just don’t explicitly run on the platform of decimating our anti-trust laws.

This is an issue that must be addressed in the 2016 Presidential campaign.

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