Tim Wu’s most recent book, The Curse of Bigness: Antitrust in the Gilded Age, is an attempt to reframe contemporary antitrust debates by returning antitrust to its more populist roots. Given the global implications of his ideas and policy proposals (including breakup of tech platforms) for many of the large corporations that he takes on, The Curse of Bigness offers profound insights for how society and business should be organized. The first part of this Review summarizes Wu’s major claims. It then highlights some of his critiques as to “bigness,” the multiple goals of antitrust, and the missed opportunities as to cases that should have been or need to be brought, such as against tech companies. Some of Wu’s critiques are spot on in identifying missed opportunities, like a number of horizontal mergers that should have been challenged. Where Wu’s book suffers is where he undervalues the institutional structure of antitrust law, underplays what antitrust does well as a substantive matter, and misanalyzes antitrust and tech platforms.

中文翻译：

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反垄断的“大诅咒”问题

Tim Wu 的最新著作《大的诅咒：镀金时代的反托拉斯》试图通过将反托拉斯回归到其更为民粹主义的根源来重新构建当代反托拉斯辩论。鉴于他的想法和政策建议（包括拆分技术平台）对他所接手的许多大公司的全球影响，《大的诅咒》为社会和企业的组织方式提供了深刻的见解。本评论的第一部分总结了吴的主要主张。然后，它强调了他对“大”的一些批评，反垄断的多重目标，以及本应或需要提起的案件（例如针对科技公司）错失的机会。吴的一些批评在识别错失的机会方面很准确，例如一些本应受到挑战的横向合并。