LearningMachine Posted July 9, 2021 Share Posted July 9, 2021 (edited) Interesting executive order that moves us only a tiny bit towards the right on the spectrum of Perfect monopolies<-->Perfect competition. https://www.whitehouse.gov/briefing-room/statements-releases/2021/07/09/fact-sheet-executive-order-on-promoting-competition-in-the-american-economy/ As we all know, perfect competition means lower prices, zero profits, and arguably more economic growth, but really hard to achieve. The irony is CCP wants to be right of the spectrum compared to the U.S., and will probably stay so. Anyway, looks like mergers will be harder during this administration. For example, we can forget about Dish being acquired by any tech company, which might actually entrench the restricted spectrum oligopolies further. Any other impacts to any company's shareholders folks see due to the small measures in the executive order? Edited July 9, 2021 by LearningMachine Link to comment Share on other sites More sharing options...
ourkid8 Posted July 9, 2021 Share Posted July 9, 2021 CN Rail is trying to acquire KSU so this may force the STB to decline CN Rail's request for a voting trust Link to comment Share on other sites More sharing options...
bennycx Posted July 10, 2021 Share Posted July 10, 2021 Are these small measures? I reckon DOJ would block some mergers just to show some action is being done Link to comment Share on other sites More sharing options...
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