Economist John Humphreys believes Australia’s assistant competition minister is missing the bigger picture when he blames large business for the country’s slowing economy. Humphreys, the chief economist at the Australian Taxpayers Alliance, said while Labor Minister Andrew Leigh had correctly identified the ongoing problems in the economy, his solution—to push for more Biden-era control over…
‘Upside-Down’: Adopting Biden Policy on Big Business Not the Answer for Australia
August 29, 2022
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Australian Government Keen to Adopt Biden Administration Policy on Big Business
August 26, 2022
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amy klobucharAndrew LeighAustraliaBig TechBusiness & MarketsChicago SchoolCompanieseconomic policiesInternationalLina KhanMedia & Big TechTechTech NewsTim WuUSUS NewsWorld
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Australia’s assistant minister for competition, Andrew Leigh, says the country should follow in the footsteps of the Biden administration and adopt a more cynical view of big business, including more government intervention in the market. The Labor minister has blamed increasing market concentration in the hands of a few big companies for creating higher prices…
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