DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Free markets in the US? Only when it is convenient for business

**DuesTyr** · 06-29-2007, 10:37 PM

Eddhead, there's a big difference between being simply pro-free market and what you're talking about. You're saying it's wrong (and hypocritical) to be pro-free market while at the same time allowing price collusion. Yet, how pro-free market is it for the government to be telling firms they can't have agreements, they can't set their prices higher/lower than x, they can't have a larger market share than y%, etc?

This recent decision is proof that (hopefully), we're perhaps reversing another long trend of economic intervention that began post-Reagan. This is a good thing. Vaguely-defined antitrust laws that give incentives to federal prosecutors to extort almost limitless amounts of money from good companies is a bad thing.

06-29-2007, 10:37 PM	#7
DuesTyr Join Date Oct 2005 Posts 566 Senior Member	Eddhead, there's a big difference between being simply pro-free market and what you're talking about. You're saying it's wrong (and hypocritical) to be pro-free market while at the same time allowing price collusion. Yet, how pro-free market is it for the government to be telling firms they can't have agreements, they can't set their prices higher/lower than x, they can't have a larger market share than y%, etc? This recent decision is proof that (hopefully), we're perhaps reversing another long trend of economic intervention that began post-Reagan. This is a good thing. Vaguely-defined antitrust laws that give incentives to federal prosecutors to extort almost limitless amounts of money from good companies is a bad thing.
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