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Comment by nabla9

3 years ago

> DOJ was too incompetent to prosecute them properly due to the lack of education.

It was not the lack of education. It was a political policy choice that tied DOJ's hands.

Reagan era changed US antitrust into so called Borkism. Robert Bork's "The Antitrust Paradox" (1978) criticized the US United States antitrust law and solidified the thinking of University of Chicago school of economists.

Borkism has very narrow view into monopolies. It has created monopolies in ever sector of the economy.