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

To: miraje who wrote (44923)	5/18/2000 2:29:00 PM
From: Daniel W. Koehler	Respond to of 74651

James <<Seems like Comrade Klein is really feeling his oats these days. That puffed up bureaucrat fancies himself a real Economic Czar. How long until the DOJ unveils a Five Year Plan? (For the benefit of consumers, of course, LOL).>> Good point. I think that the Klein-folk still have the national economic planning /federal chartering of corporations agenda from the 70's in mind. I remember it well because George Lodge and other at Harvard Business were flogging this theory for all they were worth when I was there. We "needed" national econ planning to compete with MITI in Japan. Right. Good article from the von Mises Institute on market monopoly. mises.org

To: miraje who wrote (44923)	5/18/2000 2:35:00 PM
From: Brian Sullivan	Read Replies (1) \| Respond to of 74651

From Wired News: More on Joel Klein's grand ambitions to lead a Worldwide Antitrust department. wired.com WASHINGTON -- Look out, big business: The U.S. antitrust lawsuit against Microsoft is just the beginning. The Justice Department's top antitrust official said Tuesday that aggressive antitrust suits are crucial to protecting competition in economies dominated by technology. Given the speed of today's economy, antitrust is going to become the only legitimate form of government intervention," said Joel Klein, assistant attorney general, in a speech at the Woodrow Wilson International Center. Klein, best known as Microsoft's arch-nemesis in the case the Clinton administration filed in May 1998, spent most of his time applauding other countries for becoming more active in prosecutions. A decade ago, it was "virtually unheard of" for another nation to question business practices, but now 80 countries have enacted antitrust laws, Klein said. "The worst cases of antitrust abuses occur on the global market, with global cartels," he said.