Professor James A. Schmitz Jr.’s formal comments letter to the Department of Justice (DoJ) include the following observations: “monopolies inflict harm in many ways. These include: A. Monopolies sabotage and destroy markets. They typically destroy substitutes for their products, often those that would be purchased by low-income households; B. Monopolies also use their weapons to … Continue reading ‘Monopolies Inflict Harm in Many Ways’ ‘Merger Guidelines are a Free Pass’ – Historic Lessons in ‘Sabotaging Monopoly’ Economics in DoJ/FTC Guidelines by Prof James A Schmitz Jr, Sr Economist