Panacea: The Tipline for 13 January 2022

Critics of the progressive antitrust movement frequently complain it views competition as a magic pill for all of society’s problems. They say they got another example last month when the White House began endorsing its antitrust agenda as a potential treatment for soaring inflation. A survey of academics published on Wednesday suggests the mainstream economic community is quite sceptical that antitrust is going to help.

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