Dave5

This week was the 250th anniversary of the most famous anti-monopoly protest in history, the Boston Tea Party. In a nice coincidence, this week also saw multiple important victories for antitrust enforcers and private litigants, including some ground-breaking legal precedents and a circuit court win.

Let’s start with the squealing from the baddies. Big tech proponents got angry at an antitrust loss, biotech venture capitalists freaked out as their monopoly-focused investing strategies were thrown into jeopardy, and corporate lawyers reacted with frustration as the conservative Fifth Circuit handed the Federal Trade Commission a long sought win in a difficult merger challenge. And secondhand Rolex watch prices are at their lowest prices in two years.

https://www.thebignewsletter.com/p/monopoly-round-up-were-slowly-breaking/comments