The alleged purpose of the Antitrust laws was to protect competition; that
purpose was based on the socialistic fallacy that a free, unregulated market
will inevitably lead to the establishment of coercive monopolies. But, in fact,
no coercive monopoly has ever been or ever can be established by means of free
trade on a free market. Every coercive monopoly was created by government
intervention into the economy: by special privileges, such as franchises or
subsidies, which closed the entry of competitors into a given field, by
legislative action. (For a full demonstration of this fact, I refer you to the
works of the best economists.)