Antitrust & Trade Reg.
Jul. 15, 2015
We need an antitrust counterrevolution
Until relatively recently, there were a rich diversity of major book publishers in the U.S. Now Amazon sells almost 40 percent of all books in the country. Why should we care?
As improbable as it seems from our vantage point today, antitrust was a major topic of debate during the presidential election of 1912. All four candidates - William Howard Taft, the incumbent Republican president; Theodore Roosevelt, the former president and Progressive Party candidate; Woodrow Wilson, governor of New Jersey and the Democratic candidate; and labor leader Eugene Debs, the Populist Party's candidate - agreed that something had to b...
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