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Robert Bork Rewrote Antitrust Law in 1978. United Now Controls 70% of Dulles, and the Nearest Real Choice Is a Drive to Another Airport.
Friedman's 1970 case for shareholder profit-maximization came with a condition everyone quotes half of: profit-seeking only serves the public inside real, open competition. Three quiet rule changes -- executive pay, stock buybacks, and antitrust tolerance for concentration -- removed that condition, and United's 70% control of Dulles is what's left standing.
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Where this connects
The government picks winners two ways. Only one shows up in the record.
The CHIPS Act is a government finger on the market anyone can look up -- named recipients, filed with Congress. The CIA's venture arm, In...
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