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Teddy Roosevelt Wouldn't ­nderstand the E.u.'s Antitrust Fine Against Google

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Margrethe Vestager, European Commission

Margrethe Vestager, the European Commission's head of antitrust, this week levied a record $2.7 billion fine against Google for abusing its monopoly power.

Credit: Wiktor Dabkowski / dpa / AP

Back in 1980, Milton Friedman, the University of Chicago economist, starred in a public-television series called "Free to Choose," in which he presented his free-market ideas and, famously, told a young man that everything he knew about monopoly power was wrong.

From The New Yorker
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