Public Comments of the Open Markets Institute Submitted to the Antitrust Division Roundtable Examining the “Consumer Costs of Anticompetitive Regulations”

 

On Wednesday, May 30, 2018, the Open Markets Institute submitted a comment letter to to the Antitrust Division Roundtable Examining the “Consumer Costs of Anticompetitive Regulations”.  The letter emphasizes that markets are shaped through law and regulation and strikes down the fallacy that regulations encumber or interfere with competition.

The letter outlines reframing regulations, explains how public regulations can promote competitive market structures, and demonstrate examples as to how dominant firms impose private regulations. Importantly, Open Markets Institute stresses the Antitrust Division’s resources are critically needed to police anticompetitive mergers and to investigate and challenge companies engaging in exclusionary, predatory, and other abusive conduct.

Read the full letter here.