Do you remember learning in grammar school about monopolies and how they were bad for America? .
We learned how the government broke up Big Oil and Big Steel. How legislation was passed to stop monopolies from forming. I certainly do recall learning about the Sherman Act (1890), Louis Brandeis, plus Teddy Roosevelt (both from school and my grandpa). Not to mention Senator Estes Kefauver and his Anti-merger Act.
Continue reading Competition? Yeah, that’s a crock!
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