The president’s order represents an agenda that is not intended to foster competition in order to spur growth and innovation. It is intended to redistribute a fixed pie.
The order rests on the faulty premise that “corporate consolidation has been accelerating” when the best evidence shows that is not the case.
The real challenge to workers and consumers in the U.S. economy is not too little competition, but too little productivity growth.
Rather than a redistribution agenda grounded on false premises, the administration would better serve American workers and consumers by implementing a robust growth agenda designed to ensure that average workers thrive.
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