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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: Paul Engel who wrote (58101)6/16/1998 4:36:00 PM
From: ANANT  Read Replies (1) of 186894
 
PE and all: Greenspan comments on the anti-trust in the congressional hearings

In the comments of Greenspan, I gathered the following.

Leave the monopolies alone without any Govt. involvement because they cannot exit in this age of heavy competition and growth.

I heard partial testimony of Greenspan about M&A and antitrust. He seems to have said that the anti trust is trying to predict what these successful high tech companies will do in future. It may be prudent for the DOJ to leave this to the market forces as any anti trust actions may stifle innovation. Asked by a congressman if GS is in odds with DOJ in this regard., GS said yes.

I felt that GS was referring to the DOJ suits on MSFT and Intel

I like to read the text of these congressional proceedings. thanks

Kind rgds

ANANT
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