FTC Outlaws Freedom in the Ice Cream Market

When antitrust cases are about complex technical subjects like Microsoft and the market for PC operating systems, or Hughes/Echostar and the market for satellite TV broadcasting, it’s easy just to throw up your hands and assume that the government’s experts must be right. But when an antitrust case is about ice cream, you don’t have […]

by | Mar 8, 2003

When antitrust cases are about complex technical subjects like Microsoft and the market for PC operating systems, or Hughes/Echostar and the market for satellite TV broadcasting, it’s easy just to throw up your hands and assume that the government’s experts must be right. But when an antitrust case is about ice cream, you don’t have to be an expert to form a solid opinion.

Take a look at the Federal Trade Commission’s decision this week to block the proposed merger of Nestl

Don Luskin is Chief Investment Officer for Trend Macrolytics, an economics research and consulting service providing exclusive market-focused, real-time analysis to the institutional investment community. You can visit the weblog of his forthcoming book ‘The Conspiracy to Keep You Poor and Stupid’ at www.poorandstupid.com. He is also a contributing writer to SmartMoney.com.

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