Anti-Trust Versus Business in a Severe Recession

It takes a left-leaning, anti-business Administration to take a stand against what it perceives to be a monopoly at a time when business is in the doldrums

Especially when there is a big question whether a monopoly actually exists.

The Administration is attempting to enforce the century-old Sherman Anti-Trust Act used originally to get after the John D. Rockefeller Trust oil complex. There is always the question whether size by itself is monopolistic.

Today, some of the telecom giants are very competitive but this does not stop the government from its view that they're too big. This. despite the fact there is little evidence the consumer is getting the short end of the telecom stick. In fact, it could well be that breaking up the telecoms will result in higher prices and less choice for the consumer.

That generally happens when socialism rules the day, The evidence is there in other socialistic societies and Europe, where the anti-monopolists are currently on the rampage. They appear to be giving their bureaucratic colleagues in the USA their ideas.

Unfortunately, the anti-trusters are choosing to take a hammer to big business, when big business is supposed to be creating jobs.