
I stopped a big government power grab that would hurt businesses and consumers
Fox News
I stopped a big government power grab that would hurt businesses, consumers. Antitrust zealots once feared video stores merging and think they deserve more power.
In 2005, when Netflix was already several years old and growing in popularity, the FTC busied itself by blocking a merger between Blockbuster and Hollywood Video, two companies that no longer exist. And Netflix continued to grow. It grew so successfully that only a few years ago some thought Netflix was becoming a monopoly. The same people who supposedly fear the concentration of power in the marketplace celebrate the concentration of power in a state that inserts itself into and nullifies private contracts, breaks up companies it deems too large, and inflicts punishment on those that succeed in the competition for consumers.
I stood up and stopped it.