Re:DOJ finally posted that “embarrassing” court doc Google w...
by CamperBob2 on Saturday September 30, 2023 @03:43PM
(#37719017)
A classic case is the breakup of Alcoa aluminum, whose "offense" was to supply aluminum to its customers at lower prices and larger quantities than any of its competitors. The breakup both raised prices and reduced quantities, making things worse for customers.
Much the same story with Standard Oil. What young people learn in school from left-leaning economics professors often diverges quite radically from what actually happened.
Much the same story with Standard Oil. What young people learn in school from left-leaning economics professors often diverges quite radically from what actually happened.