How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.53

-1.0%

Dec 12 9:30 AM EST

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To: Insitu who wrote (51928)	10/21/2000 11:31:24 AM
From: rudedog	Read Replies (1) of 74651

I think anti-trust enforcement should be like nuclear weapons - something everyone knows about but no one uses. The current statutes were designed at a time when business cycles ran many years, and one could argue that even then the mechanisms were too cumbersome to actually affect the markets being addressed. There are plenty of potential remedies for actual illegal actions which do not require invocation of anti-trust to be applied. The idea that the government is in a position to determine what a fair market is, and apply remedies to address inequities in those markets, is ludicrous. Given the big money involved, the attraction to execute hidden agendas, extort various concessions which have nothing to do with the business environment, and just plain screw things up through ignorance is too great to allow an extension of anti-trust activism. It's the legal equivalent of Mike Milken's junk bonds - "money for nothing and your chicks for free".

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