Sen. Josh Hawley (R-MO) speaks during a hearing of the Senate Judiciary Subcommittee on Privacy, Technology, and the Law in Washington, D.C., April 27, 2021. (Al Drago/Pool via Reuters) Republicans should be wary of the massive expansion of government that increasingly popular anti-monopoly sentiments would entail.
Rachel Bovard has a well-written piece in The American Conservative that argues for those of us on the right to rediscover our true tradition of using antitrust law to stand up to powerful concentrations of market power. By the time you finish reading her piece, it will seem as if aggressive antitrust action is as Republican as splitting rails and running an underground railroad.
But conservatives should reject her approach. Throughout her piece, Bovard focuses solely on a handful of Big Tech companies for their content decisions that anger conservatives. On this narrow concern, she endorses a purported return to a conservative stand against bigness that would, if enacted, mean the end of capitalism as we know it in America.
If that sounds a bit hyperbolic, consider the two leading antitrust bills in the Senate today.
One of them, authored by Senator Josh Hawley, would outlaw all mergers and acquisitions for every company with