Overconfident Regulators Caused the Ticketmaster Mess

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Binyamin Appelbaum
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The government has fallen into the bad habit of trying to engineer competition instead of simply enforcing antitrust laws.

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Hal Singer 4mos

Wonderful piece by @BCAppelbaum, but let me offer a more direct answer: Many (not all) of the regulators from prior admins went to work for the law firms peddling these anticompetitive deals. The revolving-door hypothesis is more compelling than regulators-are-naive alternative.