US antitrust law is motivated by the idea that it will last for long enough to hurt. That's why monopolies are specifically broken up.
After killing all of the competition, a monopoly could threaten to drop prices again if anyone else sprung up. That is enough to act as a deterrent, if you want to find out about the economic arguments before or against, research the history of anti-trust.
> After killing all of the competition, a monopoly could threaten to drop prices again if anyone else sprung up. That is enough to act as a deterrent, if you want to find out about the economic arguments before or against, research the history of anti-trust.
If we want to introduce tariffs, why not wait until we see China PR actually show monopolistic behavior? My gut reaction is that because the US is such a big customer, China PR will not be able to do that.
US antitrust law is motivated by the idea that it will last for long enough to hurt. That's why monopolies are specifically broken up.
After killing all of the competition, a monopoly could threaten to drop prices again if anyone else sprung up. That is enough to act as a deterrent, if you want to find out about the economic arguments before or against, research the history of anti-trust.