|
From: | Rjack |
Subject: | Re: Microsoft needs a help strategy |
Date: | Sun, 25 Jan 2009 08:09:09 -0500 |
User-agent: | Thunderbird 2.0.0.19 (Windows/20081209) |
Ian Hilliard wrote:
The simple fact is that a large number of middle sized companies doing the same work as Microsoft would be much better for the US economy than the one big Microsoft.
Never were truer words spoken!The true purpose of antitrust law is to protect COMPETITION -- the free market economy is based on the principle of robust, fair, competition among COMPETITORS.
By twisting the saying "the antitrust laws protect competition not competitors" into "the antitrust laws protect consumers" the "Chicago School" of economic theory has destroyed the balance of competition in the free market. Protecting robust "fair" competition has as a corollary that consumers will benefit.
Actively protecting "competition" will *always* mean adjusting the advantages among competitors in a market. The problem becomes defining what is "fair" competition. Congress has mostly abdicated
their role in free market theory and has handed it to the Federal Courts. It is "Chicago School" judges like Richard Posner and Frank Easterbrook that are Microsoft's great enablers. Sincerely, Rjack :}
[Prev in Thread] | Current Thread | [Next in Thread] |