Monday, August 2, 2010

Anti-Trust Fervor

Government fervor, in the form of antitrust action against big business, will depend to a great extent on the continued leftward political philosophy of the Obama administration.

What exactly is anti-competitiveness, to warrant antitrust action? The whole idea for government oversight is to see that there is true competition, so that consumers’ interests are best served. It does not necessarily mean large corporations must be chopped down to smaller size.

Giant corporations can often compete better on behalf of consumers, than do scores of smaller companies. It depends on each industry.This is especially true in high tech where huge amounts of capital are often required.

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

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