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

To: Dave who wrote (62722)	11/8/2001 9:21:08 AM
From: Bill Fischofer	Read Replies (1) \| Respond to of 74651

Re: Purpose of antitrust law The purpose of antitrust law is to prevent the abuse of monopoly power in mature markets. One of the ways in which antitrust fails miserably is when it tries to get involved in rapidly changing markets where the 'issues' that it attempts to address are made irrelevant by the march of progress in short order. Let me give you a perfect example of what antitrust was designed to address: OPEC. Oil production is now a mature industry (it wasn't in Rockefeller's day) and you have a cartel whose sole purpose is to control world oil price by the conscious manipulation of supply. Why hasn't OPEC been probed by the world's market-minders? To answer that is to illuminate some of the realities of the political world.