Time to Wake Up and Smell the Antitrust

Time to Wake Up and Smell the Antitrust:

“If it walks, talks, acts, and smells like a monopolist, odds are it’s a monopolist. And if this monopolist is earning extraordinary profits, and if there is even the possibility that this monopolist might be using those profits to restrain trade, then perhaps the Sherman Antitrust Act is not working. The possibility of online monopolists demands better theory than ‘there are no barriers to entry online’ and purported monopolists need better defense than ‘trust me.'”

(Via Eric K. Clemons.)

Clemons’ post elicits responses from Google within hours.  That should tell you something.

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