Earlier this week, European regulators said that they are investigating the online advertising deal between Google and Yahoo, even though that deal affects only the U.S. and Canadian markets. Such a revelation is a disturbing sign of the globalization of government meddling and the out-of-control use of antitrust as a weapon. This news follows on the heels of rumblings from the U.S. Department of Justice, which recently hired Sandy Litvack, former DoJ antitrust chief under former President Jimmy Carter, to handle possible antitrust charges against Google.
What a bunch of rubbish, disguised under the facet of a well researched and knowledgable article...
Classic format: starts with a pure information ("European regulators said that they are investigating the online advertising deal between Google and Yahoo"), adds a little bridge-to-nowhere ("even though that deal affects only the U.S. and Canadian markets"), and then the "conclusion", the truism, the valid interpretation ("Such a revelation is a disturbing sign of the globalization of government meddling and the out-of-control use of antitrust as a weapon") - which happens to be nothing more than a subjective interpretation, with no factual basis...
Back to the subject line of this post - there must have been a very good reason for establishing antitrust laws in the beginning of capitalism: it's called - monopoly, which can be good only for tha guy at the top who then can do what ever...
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The Global Antitrust Arsenal
Posted by: Sonia Arrison September 19, 2008 04:00 AMEarlier this week, European regulators said that they are investigating the online advertising deal between Google and Yahoo, even though that deal affects only the U.S. and Canadian markets. Such a revelation is a disturbing sign of the globalization of government meddling and the out-of-control use of antitrust as a weapon. This news follows on the heels of rumblings from the U.S. Department of Justice, which recently hired Sandy Litvack, former DoJ antitrust chief under former President Jimmy Carter, to handle possible antitrust charges against Google.
Classic format: starts with a pure information ("European regulators said that they are investigating the online advertising deal between Google and Yahoo"), adds a little bridge-to-nowhere ("even though that deal affects only the U.S. and Canadian markets"), and then the "conclusion", the truism, the valid interpretation ("Such a revelation is a disturbing sign of the globalization of government meddling and the out-of-control use of antitrust as a weapon") - which happens to be nothing more than a subjective interpretation, with no factual basis...
Back to the subject line of this post - there must have been a very good reason for establishing antitrust laws in the beginning of capitalism: it's called - monopoly, which can be good only for tha guy at the top who then can do what ever...