Why the US is so friendly to monopolies
What they're saying: "Numerous hard-wired differences between the European and American enforcement regimes make it very difficult for U.S. antitrust enforcement agencies to emulate their EU counterparts," wrote antitrust experts Gregory Werden and Luke Froeb in an article in 2019.
In 10 different areas, they found it much easier to crack down on large monopolies in Europe than in the U.S.
The big picture: European antitrust measures are decided by politicians; in the U.S. it's up to judges.
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