Re: Microsoft just fined US$ 1.35 billion by European antitrust regulator

In article
<09cd9347-1ddf-493e-aded-cadb8a158ffb@xxxxxxxxxxxxxxxxxxxxxxxxxxx
m>,
Travis Newbury <TravisNewbury@xxxxxxxxxxx> wrote:

On Feb 28, 3:39 pm, dorayme <doraymeRidT...@xxxxxxxxxxxxxxx> wrote:
Mobil loses a tax break, the price of oil goes up, the politicians
Not quite. You mean big companies are inviolable, punishing them
for anything is punishing ourselves? Are you not forgetting that
if their prices become painful to us, other smaller companies are
thereby empowered?

If the governments of the world would leave industry alone, the free
market is self regulating via the purchasing power of the consumers.
BUT because government is greedy and any administration's (or party)
primary goal is to stay in power, they don't let that happen.

If the governments of the world left industry alone (what a
laugh, considering that almost all governments are corruptly
dependent on them for their own survival!), you would have
consequences that even 'Laissez-Faire Travis' would turn into
'Regulation Travis' Do read Toby Inkster's little tract (thank
you O Lord, that someone took the trouble to remind folks about
some of the issues).

One of the very biggest reasons for intervention are the evils of
monopoly - there are various related forms of the disease, from
cornering by one person or group to cornering by a colluding
bunch of interests. By stomping on this trend, competition is
enhanced. Better to have a sustainable vibrant capitalism that is
fairer to more people in the long run in spite of not having the
impressive spikes of low prices (that are used to create huge
monopolies).

--
dorayme
.

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    ... You mean big companies are inviolable, punishing them ... if their prices become painful to us, ... If the governments of the world would leave industry alone, ... market is self regulating via the purchasing power of the consumers. ...
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