“I think monopoly can be as dangerous in many ways as big government.”

A. Bernie Sanders
B. Elizabeth Warren
C. Lina Khan
D. Karl Marx

It’s a trick question, because the correct answer is “none of the above.”

Believe it or not, this is the philosophy of our new super-regulator-in-chief, Andrew Ferguson, who now runs the Federal Trade Commission.

He made this witless comment at a recent conference:

Mr. Ferguson is quickly turning into one of Trump’s most anti-business super-regulators.  His antitrust and anti-merger actions are ALREADY draining billions of dollars from the U.S. economy.  If he’s truly concerned about monopoly power, he should be aiming his attacks at government-chartered ones, such as the Postal Service, the public schools, Amtrak, and Medicare. THESE monopolies all have something in common: runaway costs, that lead to ever higher prices, in exchange for lousy service.

Meanwhile, the private “monopolies” that he’s after – like Google, Meta, credit card companies – all continually LOWER their prices.

How is that anti-consumer?