Saturday, October 24, 2009

Anti-Trust Direction

The fervor we get from the government in the form of antitrust action against big business, will depend to a great extent on the political philosophy of the Obama administration. You can tell it is anti-business by the extent of that fervor.

What exactly is anti-competitive? The whole idea for government is to see that there is true competition, so that the consumers’ interest is best served. It does not necessarily mean you have to chop large corporations down to smaller size.

Giant corporations can often compete better on behalf of consumers, than do scores of smaller corporations. It depends on the industry. This is especially true in high tech where huge amounts of capital may be needed for all competitors.

But left-leaning government regulators may think differently merely on their own biased principles. They tend to look at corporate size and not at affects on the consumers.

No comments:

Post a Comment