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Comparachannel4.com-sash-verified.

This is CBS, I'm John Bacheler.

I welcome Professor Richard Epstein.

Senior fellow of the Hoover Institution teaches law at the University of Chicago

and NYU Law School.

We turn to the matter of monopoly power and e-competitiveness

or as the Biden administration characterizes unfairness.

There is an executive order speaking to promoting competition in the American economy.

However, before we turn to that and further conversation about a new book that I

recommend by Tim Wu, the Columbia President, the Curse of Bigness, because it frames

all of this.

I'd like Richard's help to understand as a classical liberal, Richard is a classical

liberal, what is the classical liberal position thinking on monopoly power?

Good evening to you, Richard.

...