At 12/1/2007 11:34 AM, David Day wrote:
Yes, there actions are anti-competitive. But, isn't that part of
being in business. You do what you can to help yourself,
Certainly true. And when companies succeed too much in this strategy
they become monopolistic, then the pressures to reduce price and to
innovate decline, and so the capitalistic self-interest begins to
diverge from the common good. This (in theory at least) is why we
have democratic government, so that in can, in representing the
common good, promulgate regulation to curb monopolistic self-interest
to the extent that it conflicts with the broader community interest.
[blah blah blah].
It doesn't seem to be working too well in recent years, though...
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