Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (3781)	2/28/1999 6:41:00 PM
From: Bill Murphy	Read Replies (1) of 81898

Searle, Hope you had a good swim. Antitrust laws protect economic competition. To quote the World Book Encyclopedia, "These laws prohibit price fixing, an agreement among business firms to control the price or supply of a product or service." The major federal antitrust laws are the Sherman and Clayton acts, but there are others, and all states have their own such laws. Whenever two or more parties cooperate in limiting prices or supplies of a product or service, the free market is defeated and antitrust law is broken. (There is an exemption for labor unions.) If Long Term Capital Management was short 300 tonnes of gold as we think they were and the other shorts got together and colluded to bail them out in an off market transaction, it was a violation of anti-trust law in the US. That is just one of our contentions. Searle-what was the name of the paper that shaka was in and does the author have an email address. Thank you, Bill

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