Monopolies to Break Up? (user search)
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  Monopolies to Break Up? (search mode)
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Author Topic: Monopolies to Break Up?  (Read 2864 times)
Bandit3 the Worker
Populist3
Junior Chimp
*****
Posts: 7,958


Political Matrix
E: -10.00, S: -9.92

« on: May 12, 2015, 05:24:15 PM »

Also airlines, intercity bus travel (Greyhound), oil companies, and retail (Walmart).

I don't understand why the states don't break up monopolies. There's 50 states, and not a single one is breaking up monopolies?
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Bandit3 the Worker
Populist3
Junior Chimp
*****
Posts: 7,958


Political Matrix
E: -10.00, S: -9.92

« Reply #1 on: May 12, 2015, 05:25:40 PM »

Fair Isaac monopoly of credit scoring services

The system of credit scoring should be outlawed, period.
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Bandit3 the Worker
Populist3
Junior Chimp
*****
Posts: 7,958


Political Matrix
E: -10.00, S: -9.92

« Reply #2 on: May 12, 2015, 05:28:33 PM »

Note that you can't just a break up a monopoly because it's a monopoly. Being a monopoly isn't illegal (IIRC we came close to passing legislation in the 70s that would have made it illegal, but Congress never did).

Maybe it's time for an executive order.
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Bandit3 the Worker
Populist3
Junior Chimp
*****
Posts: 7,958


Political Matrix
E: -10.00, S: -9.92

« Reply #3 on: May 12, 2015, 09:18:10 PM »

Also airlines, intercity bus travel (Greyhound), oil companies, and retail (Walmart).

I don't understand why the states don't break up monopolies. There's 50 states, and not a single one is breaking up monopolies?
You realize that monopolies generally cross state lines, and therefore an individual state would have little power to do anything about it, right?

Then what's the point of even having states?

Some of these companies cross national lines too, but it used to be that this didn't stop the federal government from regulating them.
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Bandit3 the Worker
Populist3
Junior Chimp
*****
Posts: 7,958


Political Matrix
E: -10.00, S: -9.92

« Reply #4 on: May 13, 2015, 07:59:47 AM »

The Congress shall have Power ... To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes

Then they should start regulating it again.
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Bandit3 the Worker
Populist3
Junior Chimp
*****
Posts: 7,958


Political Matrix
E: -10.00, S: -9.92

« Reply #5 on: May 14, 2015, 09:05:07 AM »

I'm guessing in many rural areas with the decline of independent shops (partially caused by the undermining effect caused by megamarts), the local Wal Mart may be the only feasible way a family can get groceries.

Walmart does have a monopoly in some small towns. I know folks in small towns who hate Walmart but they don't have a choice but to shop there.
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