1. The new Donald Trump Administration (DTA) will have the opportunity to apply American antitrust and competition policy in a manner that promotes economic efficiency, consumer welfare, and economic growth.

2. Ideally, the DTA should adopt a broad-based competition policy that includes, but goes beyond, vigorous antitrust enforcement. In particular, the DTA should work with government instrumentalities to address regulatory barriers that undermine the competitive process, and will be mindful of the need to promote entrepreneurship and innovation. This essay will focus on specific policies that the DTA could implement to advance those broad priorities.

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