In the US, antitrust policy is supposed to benefit consumers. It does not work that way in practice. Companies game antitrust for their own benefit, competing in court rather than the market. Antitrust regulators are often partisan and ideological. Many progressive officials think big is automatically bad, even in cases where consumers benefit from lower prices or better products. Many conservatives favor using antitrust as another front in the culture wars, all but ignoring competition.

Consumers get forgotten in all the politics. The best way to protect consumers is to protect an open, competitive market process, in which companies succeed or fail based not on their political connections or ideological correctness, but on how well they serve consumers.

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Corporate Governance

Retirement Security Congress passed the Employee Retirement Income Security Act (ERISA), which governs private pensions, in 1974, in response to widespread concerns at the time…

Business and Government

Staff & Scholars

Richard Morrison

Senior Fellow

  • Antitrust
  • Business and Government
  • Capitalism and Free Enterprise

Iain Murray

Vice President for Strategy and Senior Fellow

  • Banking and Finance
  • Trade and International

Clyde Wayne Crews

Fred L. Smith Fellow in Regulatory Studies

  • Business and Government
  • Consumer Freedom
  • Deregulation

Ryan Young

Senior Economist and Director of Publications

  • Antitrust
  • Business and Government
  • Regulatory Reform

Jessica Melugin

Director of the Center for Technology & Innovation

  • Antitrust
  • Innovation
  • Media, Speech and Internet Freedoms

Alex Reinauer

Research Fellow

  • Antitrust
  • Innovation
  • Tech and Telecom