In 2015, global mergers and acquisitions reached $4.9 trillion which made it the biggest year for corporate consolidation in the history of the world. Critics argue that huge corporate mergers create monopolies which prevent competition. Proponents of mergers argue that governments should not interfere with corporations and the free market should be allowed to run its own course.
End of lobbying confirmed, then legislation should be removed that benefits the larger established corporations and stifles start-up companies. That way the market will manage itself as the small guy can offer a cost effective solution free from endless laws and red tape that is unnecessary and costly to both services and jobs
No, this is an obstruction of the free market (it lessens competition and drives up prices) and a violation of the Sherman Antitrust Act.
a violation of the Sherman Antitrust Act
How is this a violation of the Sherman Antitrust Act?
I think you're confused about mega-mergers and the Sherman Antitrust Act.
The Sherman Antitrust Act is an antitrust law. Antitrust laws in the United States regulate the conduct and organization of businesses to promote competition and prevent unjustified monopolies (there are plenty of attempted mega-mergers that can be used as examples of unjustified monopolies).
"Mega mergers" are often anticompetitive in nature therefore the action of preventing mega-mergers is an action that comes as a result of antitrust laws (such as the Sherman Antitrust Act)Read more
this is a trick question; we already have sufficient anti-trust laws in place to prevent monopolies; the media blitz is not altruisticaly revealing that the current attempt at a merger is simply being put through the paces of those very same anti-trust laws. so in this case "the government" is actually doing what it is supposed to
The Market should be an unlimited sea of businesses, big or small and not be controlled by The Government or Mega Corporations. The market shouldn’t have limits based on Government control by The Government or who you can do business with by Mega Corporations. If caught doing business with illegal organizations , businesses or terrorist groups the business itself cannot get in to automatic legal trouble but will be heavily questioned by the people and Government. Said Business can also be effected socially by citizens & other businesses based only on morals and ethics. Now businesses doing business with illegal organizations, businesses or a terrorist group with the evidence based intent to harm others especially innocence will be automatically legally punished.
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