[What Hayek] does not see, or will not admit, [is] that a return to "free" competition means for the great mass of people a tyranny probably worse, because more irresponsible, than that of the State. The trouble with competitions is that somebody wins them. Professor Hayek denies that free capitalism necessarily leads to monopoly, but in practice that is where it has led, and since the vast majority of people would far rather have State regimentation than slumps and unemployment, the drift towards collectivism is bound to continue if popular opinion has any say in the matter.
Richard Blumenthal
We can speculate on what's likely, but what's needed is an investigation. And speculation is no substitute for facts. As a former prosecutor, I prosecuted antitrust cases civilly. And I can say that antitrust investigations merit searching, penetrating scrutiny and investigation. That's what we need here.
