Sens. Amy Klobuchar and Elizabeth Warren make it clear their proposals for aggressive antitrust laws – liberated from the reigning Consumer Welfare Standard – will be used to reshape and manage not just Big Tech, but businesses in all sectors.
Sen. Warren, in her failed presidential bid, set the stage when she vowed to “appoint trustbusters” against purported monopolies in agriculture.
Now Mother Jones has a glowing piece about antitrust-progressives, like Lina Khan and Tim Wu, tapped by President Biden to serve on the Federal Trade Commission and National Economic Council, and how they will lead the charge not just against Big Tech, but against “Big Ag,” “Big Meat,” and “Big Poultry.” (Sounds better than “Big Chicken.”) While our eyes were on Facebook, Google and Twitter, the antitrust revolutionaries were licking their chops for Monsanto, Tysons and Smithfield.
It won’t stop there, of course. Also in their crosshairs are the airlines, energy companies, and financial service companies. It is almost as if the antitrust revolutionaries want to use the law to control all American business.