Saturday, July 02, 2005

Economist's View

Economist's View: "IBM's success in the mid-1960s led to inquiries as to IBM antitrust violations by the U.S. Department of Justice, which filed a complaint ... in ... 1969.' Was Marshall right? My own view follows Keynes, 'In the long-run we're all dead,' and I would prefer more vigilance against market power in the short-run than is currently in vogue among regulators."

My opinion: I agree.

No comments: