Last Updated:2025/12/30
Sentence
The
early
antitrust
reformers
warned
that
even
beyond
its
effect
on
prices,
economic
power
could
buy
influence
in
Congress.
Monopolies
don’t
just
dominate
their
own
industries,
Justice
Louis
Brandeis
said
in
1933;
they
monopolize
political
power
as
well,
which
allows
them
to
protect
their
incumbency
and
stifle
competition
in
myriad
ways.
Quizzes for review
The early antitrust reformers warned that even beyond its effect on prices, economic power could buy influence in Congress. Monopolies don’t just dominate their own industries, Justice Louis Brandeis said in 1933; they monopolize political power as well, which allows them to protect their incumbency and stifle competition in myriad ways.
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