Fascinating dynamic at this hearing on antitrust and big tech. You got three Brandeisians testifying, two moderate Dems, two big tech libertarians, and anti-monopoly conservative @rachelbovard.
Ugh, @Jim_Jordan is such a dumb blowhard. In a serious hearing about monopoly power he's continuing to allege that big tech promotes progressives and censors conservatives. Then goes after Dems for trying to "radically rewrite antitrust laws."
Every single Republican on this subcommittee is serious except @Jim_Jordan. Some of the Rs don't want to change the laws, some do. But no one is a clown like Jordan and his clown staffer Tyler Grimm.
Obama Antitrust chief Bill Baer is saying that antitrust law went dark for 25 years, and blames the Chicago School. That's not what he was saying in 2016 when he was in charge.
"From oilfield services—our most recent success—tax prep, online ratings, cable/internet, canned tuna, cooking appliances, cell phones, equipment for next-generation semiconductors, to monopolization of airport slots, we have done our job." - Bill Baer justice.gov/opa/speech/act…
Amazing statement by @econliberties advisor @ZephyrTeachout attacking judge-made antitrust law.
Now @ZephyrTeachout attacks our "planned economy," except the planners she notes are big tech monopolies.
Basically the eight most frightening words in the English language are "I'm from Facebook, and I'm here to help."
Basically the eight most frightening words in the English language are "I'm from Facebook, and I'm here to help."
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