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To: Elmer Phud who wrote (259508)4/7/2009 12:53:14 AM
From: fastpathguruRead Replies (1) | Respond to of 275872
 
Now fpg, we were doing so well and now you have to go and misrepresent my position again.

How so? Below you affirm everything I said about your position.

Protecting competition is good as long and it benefits consumers, which is it's real intention.

"B) His insistence that the only goal of antitrust law is to protect consumers."

Check.

And yes, if there can not be shown to be any harm to consumers then protecting competition for it's own sake will reward incompetence when it can not be shown that failure is the result of an abusive monopoly.

Now you weasel out of your previous statements by adding the condition, "when it can not be shown that failure is the result of an abusive monopoly."

Your assertions about what happens outside the scope of abusive monopolies are irrelevant in a discussion about antitrust laws, which protect the market from abusive monopolies. Duh.

Furthermore, an abusive monopoly is not measured solely by the failure of it's competitor.

Who has claimed that? Abusive monopolies are not measured solely by harm to consumers either.

One last thing, competition has not necessarily failed because a competitor has.


Who has claimed that?

It may be proof that competition works. Your idea of competition would be a baseball game that never ends but is forever in extra innings. Sometimes someone wins and someone else loses.

That is not what my idea of competition is, and I have no idea how you can describe my position as such. I fully appreciate that businesses may fail vs. stronger competitors. I have repeatedly stated my opinion that antitrust laws only protect consumers and competitors indirectly by keeping the competitive playing field level, a position supported by the USDOJ Antitrust Agency. There is no mechanism beyond the protection of the process of competition that a competitor can use to seek relief from an abusive monopoly... If there is no abuse, there is no possibility of relief.

fpg