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Posted By Don Boudreaux On December 1, 2010 @ 11:02 am In Antitrust | Comments Disabled
Here’s a letter to the Wall Street Journal:
Reporting on the EU’s antitrust investigation of Google, you note that “Under EU antitrust law, companies with a dominant position in their markets have a special responsibility to treat their rivals with care” (“Europe Zeroes In on Google ,” Dec. 1)
In other words, under EU antitrust law, companies that have worked harder and more creatively than have their rivals at anticipating and satisfying consumer demands have a special responsibility to stop serving consumers so effectively in order that these companies’ rivals can be protected from the consequences of their failure to excel at satisfying consumer demands.
Donald J. Boudreaux
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