To: Lucky Dog; tpaine
If I had to rate the Sherman Antitrust act, which was created not to regulate monopolies but to break trusts, trusts which were created to get around prior government regulation of free markets, then I would rate it a 3.
58 posted on
05/17/2006 6:09:24 AM PDT by
Durus
("Too often we enjoy the comfort of opinion without the discomfort of thought." JFK)
To: Durus
Monopolies are rarely formed without the collusion of Government.
Perhaps, you could expound upon JP Morgan, J. Paul Gettys, Vanderbilt, and a host of others called robber barons. Is it your contention that all of those individuals and/or their organizations could not have, and did not, reach monopoly, or near monopoly status, except through the intervention/collusion of government?
While youre at it, illustrate on the practical differences among cartels, trusts, and monopolies from the perspective of the small entrepreneur and consumer.
Regulating markets to prevent monopolies actually allows for monopolies to be formed.
Given that the government currently regulates US markets to supposedly prevent the formation of monopolies, how many monopolies have been formed as a result?
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