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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Bob Clark who wrote (37986)	2/16/2000 11:13:00 PM
From: western_skys	Read Replies (4) \| Respond to of 74651

thread: well, he's got my vote! lol! Wednesday February 16 11:02 PM ET Bush Would Ease Antitrust Enforcement - Paper LONDON (Reuters) - U.S. Republican presidential hopeful George W. Bush (news - web sites) was quoted on Thursday as indicating he would scale back antitrust enforcement if he won election to the White House. His comments were made in an interview with the Financial Times, which said they presaged a return to the minimalist intervention of President Ronald Reagan's era. The Texas Governor said he would restrict antitrust action to clear cases of price-fixing in markets -- a standard which the newspaper said many high-profile cases in recent years would not meet. The Financial Times said his comments suggested the landmark Microsoft Corp (NasdaqNM:MSFT - news) antitrust case, which returns to court next week for final legal arguments, would not have begun under a Bush administration. ``My own personal view, just in general, is the application of antitrust laws needs to be applied where there are clear cases of price-fixing,' Bush said. Asked if there was a role for aggressive antitrust enforcement in cases other than price-fixing, Bush said: ``Well no...everything evolves into price-fixing over time. ``Price-fixing up and price-fixing down -- price-fixing down to eliminate competition, price-fixing up to accumulate profit.' Bush argued vigorously for a return to the supply-side economic policies of the Reagan era. He credited the expansion of the U.S. economy of the last decade to Reagan's tax cuts, which he said boosted private investment and productivity in the 1990s. ``It's the right thing to do from an economics perspective,' he said. ``Cutting marginal rates encourages economic growth. If you have economic growth, it enables the pie to grow. If the pie grows, there will be more revenues down the road to meet obligations, including debt repayment.' Bush, the heavy favorite of the Republican leadership, and his rival John McCain (news - web sites), the senator from Arizona, were neck-and-neck in the closing days before Saturday's crucial South Carolina primary. A Reuters poll on Wednesday showed Bush with a 43 percent to 40 percent lead over McCain -- a statistical dead heat within the poll's margin of error of four percentage points.