After all the anti-government diatribes I wrote for the Competitive Enterprise Institute during the Microsoft case, I vowed never to let another thought about the nuttiness of antitrust darken my brain.

But they won't let me alone -- the antitrust industry always finds some new insanity that pulls me back in, viz., Adam Thierer's comments on the Blockbuster matter at the PFF blog.

And as long as Adam has raised the topic, let's note the FTC's triumphalism five years ago as it protected the big discount stores from the depredations of now-bankrupt Toys 'R Us, and the public from the fast-disappearing retail record stores.

Hey guys -- do you ever think about going back and re-examining some of these things? Mark your views to market? Perhaps even confess institutional error and learn from your mistakes? "Naaaaah!"

posted by James DeLong @ 9:40 AM | Antitrust

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