A Supreme Court Justice Is Why You Can't Buy a Car Right Now
thebignewsletter.com
thebignewsletter.com
> The logic from Schumpeter to Trinko is direct. And yet, it’s also quite obviously wrong. From Boeing to Too Big to Fail banks, many examples, far beyond the CDK Global and Reynolds situation, where incumbents used their consolidated position to hinder innovation and lower quality, shows that Schumpeter’s thinking about commerce is both old and odd.
That’s one way to say it. But I wonder if Schumpeter’s theory is actually proven by the fact that these examples have failed.
No, it's better to just lie about it and blame conservatives for a unanimous decision.
Ruling that the FTC did not have authority to impose such rules is hardly politicizing from the bench. That is, infact, exactly their job. Unlike, say, inventing a constitutional right to privacy out of thin air (but just try having a discussion about that without being shouted down).
Instead, what politicians, and particlarly left wingers, have consistently shown is their desire to decide market winners and losers based on their own political whims.