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Tuesday, 17 March 2020

Why are TRUSTS illegal but not corporations?

Dannie Briseno: So that one "giant corporation" wouldn't control everything and be a monopoly. Like AT&T in the old days. As I recall Microsoft was treading in that territory slightly. No competition means trouble for the consumer.

Oda Mauson: The idea of anti-trust laws was that no industry should be dominated by a single company (or group of related companies) without competition. Competition is the key. Most people view corporations in a competitive marketplace as a positive factor, while a lack of competition is negative. In modern times, the vast majority of corporations compete with other companies in a competitive marketplace.

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