Like 3,700 or so other folks, I spent a few days last week at a world-class nerdfest—the Spring Meeting of the Antitrust Law Section. You can see my notes from a couple of the half-dozen sessions I attended here and here. You can also see the insights of Matt Stoller, Director of Research at the American Economic Liberties Project and publisher of BIG on Substack, on his experience as a panelist here.
The four days in D.C. again reminded me of the strongly pro-defense orientation of Section members. Many of them spend their days pushing mergers through the Hart-Scott-Rodino Antitrust Improvements Act process. Many others litigate civil and criminal lawsuits charging their clients with price-fixing, abuse of market power, and other violations of antitrust law.
No wonder they believe Robert Bork—the patron saint of trusting in the beneficence of behemoths—hung the antitrust moon.