Thursday, May 15, 2008

NO ONE IS MINDING THE STORE

We used to think that our government wanted to discourage monopolies so that competition would keep prices down. In the last few years we have seen conglomerates become monopolies, individuals gain control of massive media outlets and all sorts of frightening indicators for the poorer of those among us. While Microsoft did not acquire YAHOO, Carl Icahn may have a better chance.

One of the newer ones is eBay trying to control Craigslist, on of the few who gives the buyer the break that one gets at a flea market. Craigslist functions locally with a great proportion of volunteers (almost a dirty word in corporate circles)!

HP is after EDS. Monopolies are not illegal in the United States. What is illegal is actions taken by monopolies to limit competition. It will be the subject of my rant to the Attorney General as soon as I get time to write about Verizon. (see Verizon Fraudulent Sales blog of 4/15 archived).

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