Industries that are exempt from Antitrust Laws | Page 5 | TigerDroppings.com

Posted byMessage
Patrick O Rly
New Orleans Saints Fan
y u do dis?
Member since Aug 2011
38223 posts

re: Industries that are exempt from Antitrust Laws


quote:

Okay, as usual, now you're just being silly in an attempt to save face.


Wait, I thought that's what you were doing


quote:

Government is not a company.


Doesn't matter. It has a monopoly of force, taxation, and other privileges no one else enjoys.

quote:

You can only agree that by your definition, there are no corporate monopolies in the U.S. so this thread is moot. Yay!


It depends on what sense we're using the word. If it's in the more classical sense (special privileges granted by the government), then yes their are a ton of monopolies. If we're talking about monopoly how it's understood today, then government is really the only one that I can think of.

eta: I B Freeman brought up a good one; utility companies.



This post was edited on 7/19 at 5:36 pm


Back to top
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84243 posts
 Online 

re: Industries that are exempt from Antitrust Laws


quote:

by the rise of Google and Apple.
You flunked history just like wiki did.

AAPL would have gone under in 1997 had Microsoft not invested $150,000,000 in Apple in exchange for 8 million non-voting shares of AAPL. That year Apple lost over $1 billion on total sales of $7 billion. The board of AAPL was forced to beg Steve Jobs to come back to the company to rescue it and Jobs first task was to get enough money to make payroll to keep the doors open, which he did by contacting Bill Gates.

If MSFT had not been forced to unbundle its operating system from its browser and agree to not void the warranty on the operating system if any other browser software was installed on the computer, Google might or might not have been able to develop its own internet advertising domination.







Back to top
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84243 posts
 Online 

re: Industries that are exempt from Antitrust Laws


quote:

eta: I B Freeman brought up a good one; utility companies.

There is no utility company in the U.S. that even approaches 10% market share much less the 90% market share MSFT has. You fail again.






Back to top
Patrick O Rly
New Orleans Saints Fan
y u do dis?
Member since Aug 2011
38223 posts

re: Industries that are exempt from Antitrust Laws


And? They enjoy special privileges of exclusive services in a given area. Small monopoly or not, it's a monopoly.

You need to calm down. I feel our friendship slipping away.


I will be yo father figure. Put your tiny hand in mind. I will be yo preacher, teacher. Anything you have in mind.

eta: I will be your father figure. I have had enough of crime. I will be the one who loves you -
Until the end of time



This post was edited on 7/19 at 5:50 pm


Back to top
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84243 posts
 Online 

re: Industries that are exempt from Antitrust Laws


I always know when you realize you're losing on facts. You get silly.

And I have enough friends.....so, no thanks.






Back to top
Placebeaux
Michigan Fan
One man's LOL is another man's WTF
Member since Jun 2008
25522 posts

re: Industries that are exempt from Antitrust Laws


No offense but you didn't know certain industries were exempt from antitrust laws.





Back to top
  Replies (0)
Patrick O Rly
New Orleans Saints Fan
y u do dis?
Member since Aug 2011
38223 posts

re: Industries that are exempt from Antitrust Laws


I had a serious response as well, but I do feel like things are getting tense between us, and that you're taking things a little personal, which is unfortunate, because I like you for the most part.





Back to top
elprez00
New Orleans Saints Fan
Hammond, LA
Member since Sep 2011
13703 posts

re: Industries that are exempt from Antitrust Laws


quote:

There is no utility company in the U.S. that even approaches 10% market share much less the 90% market share MSFT has. You fail again.

That's true. And producers are forced to sell power to CoOps at reduced rates to encourage "competition". Power providers are very regionalized, as well. I don't have so much of a problem with this, because the regulation forces them to maintain standards of transmission and maintenance. Despite what the amateur engineers on the OT will tell you, the US power grid is still the best in the world.






Back to top
  Replies (0)
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84243 posts
 Online 

re: Industries that are exempt from Antitrust Laws


You're going to have to provide a more credible link than that, especially when I find a case that specifically says banks are subject to the Clayton Anti-Trust Act of 1914.
quote:

United States v. Philadelphia National Bank, 374 U.S. 321 (1963) the second and third largest of 42 banks in the Philadelphia area would lead to a 30% market control, and so violated the Clayton Act §7. Banks were not exempt even though there was additional legislation under the Bank Merger Act of 1960.
LINK

quote:

Exemptions

An important difference between the Clayton Act and its predecessor, the Sherman Act, is that the Clayton Act contained safe harbors for union activities. Section 6 of the Act (codified at 15 U.S.C. § 17) exempts labor unions and agricultural organizations, saying ‘that the labor of a human being is not a commodity or article of commerce, and permit[ting] labor organizations to carry out their legitimate objective’.

Therefore, boycotts, peaceful strikes, peaceful picketing, and collective bargaining are not regulated by this statute.

Injunctions could be used to settle labor disputes only when property damage was threatened.

Major League Baseball is another company exempt from the Clayton Antitrust Act due to the national heritage associated with it. [3] (Federal Baseball Club of Baltimore, Inc. v. National League of Professional Baseball Clubs, et al. 259 U.S. 200 (1922))
LINK
As you see, there is nothing in the exemptions from the Clayton Anti-Trust Act which says banks or insurance companies are exempt from the law.

I know for a fact that banks are regulated as to their market share domination when they attempt to merge.

The authority for that regulation is contained in the Clayton Act (linked above):
quote:


-mergers and acquisitions where the effect may substantially lessen competition (Act Section 7, codified at 15 U.S.C. § 18) or where the voting securities and assets threshold is met (Act Section 7a, codified at 15 U.S.C. § 18a);


No offense, but your link is wrong about banks being exempt from anti-trust laws.









Back to top
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84243 posts
 Online 

re: Industries that are exempt from Antitrust Laws


quote:

but I do feel like things are getting tense between us,






Back to top
Patrick O Rly
New Orleans Saints Fan
y u do dis?
Member since Aug 2011
38223 posts

re: Industries that are exempt from Antitrust Laws


Stahp!





Back to top
  Replies (0)
OFWHAP
LSU Fan
Member since Sep 2007
5104 posts

re: Industries that are exempt from Antitrust Laws


quote:

AAPL would have gone under in 1997 had Microsoft not invested $150,000,000 in Apple in exchange for 8 million non-voting shares of AAPL. That year Apple lost over $1 billion on total sales of $7 billion. The board of AAPL was forced to beg Steve Jobs to come back to the company to rescue it and Jobs first task was to get enough money to make payroll to keep the doors open, which he did by contacting Bill Gates.


I read somewhere that Microsoft bought Apple stock because Apple was suing Microsoft for (I'm not 100% sure on this but I'll go with it anyway) stealing Quicktime code and using it in Windows Media Player.






Back to top
  Replies (0)
Placebeaux
Michigan Fan
One man's LOL is another man's WTF
Member since Jun 2008
25522 posts

re: Industries that are exempt from Antitrust Laws


And who regulates these banks?





Back to top
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84243 posts
 Online 

re: Industries that are exempt from Antitrust Laws


Which banks?





Back to top
Placebeaux
Michigan Fan
One man's LOL is another man's WTF
Member since Jun 2008
25522 posts

re: Industries that are exempt from Antitrust Laws


The banks that you say are regulated and not exempt from the antitrust laws





Back to top
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84243 posts
 Online 

re: Industries that are exempt from Antitrust Laws


Are you still saying the banking induustry is exempt from anti trust laws?





Back to top
Placebeaux
Michigan Fan
One man's LOL is another man's WTF
Member since Jun 2008
25522 posts

re: Industries that are exempt from Antitrust Laws


I'm saying the main bank and the only bank that matters is a monopoly and that bank is the federal reserve.





Back to top
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84243 posts
 Online 

re: Industries that are exempt from Antitrust Laws


:sigh:





Back to top
  Replies (0)
GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
25751 posts
 Online 

re: Industries that are exempt from Antitrust Laws


quote:

Well, as you indirectly stated in your post, monopolies are only possible with government involvement.


Unless you are Standard Oil, local natural gas distribution companies, electric utilities or water treatment/distribution companies. Besides Standard Oil the other examples you are only left with one choice due to geographic location thus they have a monopoly, thus the government controls their prices via tariff.






Back to top
  Replies (0)


Back to top