The Man Who's Giving Italy's Monopolies The Boot

Giuliano Amato is bringing fair competition to Italy

Most Italians are having a bleak winter. The economy is in deep freeze, taxes are going up, and surveys show that the average citizen is jittery about the future. But one bright spot could make it easier for Italy to shake off its blues: From cellular phones to airline tickets to car insurance, prices are coming down, and choice is going up. Thanks to the pioneering efforts of Italy's Antitrust Authority, many industries are seeing fair competition for the first time. As a result, Italian inflation is down to its lowest levels since the mid-1960s.

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