Antitrust these days is limited to preventing a few horizontal mergers like Kroger and Safeway. Haven't seen the govt actually trying to bust up monopolies since GWB dropped the prosecution of Microsoft, more than 20yrs ago. And FTC battling for "working people?" There's a notion I'm not holding my breath for no matter the president. :(
Antitrust these days is limited to preventing a few horizontal mergers like Kroger and Safeway. Haven't seen the govt actually trying to bust up monopolies since GWB dropped the prosecution of Microsoft, more than 20yrs ago. And FTC battling for "working people?" There's a notion I'm not holding my breath for no matter the president. :(
I don't think you have been paying close attention. Lina Kahn is driving a train into the heart of some massive corporations. She is not there yet, and the voices of all these rich a**holes shows there is a real fear among them. Right, I ain't holding my breath either, but it is beginning to look hopeful.
Anyone truly serious about helping the little guy survive corporate market manipulations would be pushing to reinstate the long-time prohibitions on shorting stocks on a down-tick, and stock buy-backs - which used to be considered criminal insider share-price manipulation. It's possible I just missed where Lina was pushing for either of those.
Antitrust these days is limited to preventing a few horizontal mergers like Kroger and Safeway. Haven't seen the govt actually trying to bust up monopolies since GWB dropped the prosecution of Microsoft, more than 20yrs ago. And FTC battling for "working people?" There's a notion I'm not holding my breath for no matter the president. :(
I don't think you have been paying close attention. Lina Kahn is driving a train into the heart of some massive corporations. She is not there yet, and the voices of all these rich a**holes shows there is a real fear among them. Right, I ain't holding my breath either, but it is beginning to look hopeful.
Anyone truly serious about helping the little guy survive corporate market manipulations would be pushing to reinstate the long-time prohibitions on shorting stocks on a down-tick, and stock buy-backs - which used to be considered criminal insider share-price manipulation. It's possible I just missed where Lina was pushing for either of those.
You mean you missed where a bureaucrat in the executive branch pushed for a change in the law that can only be enacted by Congress?
If Congress made those illegal again I'm sure she'd enforce it vigorously. As she has done with what's left of anti-trust law.