Ben Shapiro
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I got to say, it wasn't the best.
I mean, I was flying JetBlue.
But one thing that's happened, for example, is JetBlue provides free internet.
So it used to be, and still is on some of the airlines, that they make you pay for the internet.
And now it seems that more and more airliners are going to move toward the free model.
Competition and more competition in this area leads to better results.
Well, JetBlue was trying to buy Spirit.
They were trying to merge with Spirit.
That was blocked by Democrats because Democrats have a theory.
And that theory is if business gets bigger, that is inherently bad.
So there are two theories of antitrust.
Antitrust is the idea that you can't have a monopoly dominating a market because then it can set prices wherever it wants.
So if you had a grocery store monopoly in your neighborhood, theoretically, they could set the price twice what it normally would be because you don't have any other choices.
Now, true monopoly is incredibly rare in the market because if the prices tend to skyrocket, somebody else wants to get in on that action.
They open up a grocery store across the street.
Typically, true monopoly requires government intervention on behalf of the monopoly.
But there's a second theory of antitrust that is not about the consumer at all.
The first theory of antitrust says you should only police people
for monopoly when the consumer is harmed.
And then there's a second theory of antitrust, the Democrat theory, which is if something is big, it is bad.