From: Dick.Gray@bull.com
Date: Tue Dec 15 1998 - 13:35:18 MST
Joe writes:
>No gov't = no anti-trust or anti-monopoly laws.
Yes indeed. And good riddance.
>Since business acts to maximize its profits, eventual total merger
>(and total "market" - read consumer, people or citizenry - control)
>would be a lead-pipe certainty.
This is a total _non sequitur_. How does profit maximization lead
inexorably to "total merger"? In a free market, the consumer is always in
control - where else does the profit come from?
Dick
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