Antitrust Law Concentration of Personal Wealth
-Is the higher concentration of personal wealth reflective of a failure of the Sherman and Clayton Acts? Should the redistribution of wealth at the corporate or personal level be a goal pursued by the federal government?
- The Microsoft case gives us an opportunity to consider the impact that economic power, whether anticompetitive or not, may have on our society. It allows reconsideration once again about how much faith we want to or should place in the free market alone. How much concentration of wealth and power among a small number of corporate giants and individuals can we accept?
- If you were to lobby Congress and inform them again why the Sherman Anti-Trust Act was enacted, what it stands for, and why oligopolies are not for our good, what do you think the response from Congress would be? What would be their argument?© SolutionLibrary Inc. solutionlibary.com July 10, 2020, 5:25 pm 9836dcf9d7 https://solutionlibrary.com/law/history-and-philosophy-of-law/antitrust-law-concentration-of-personal-wealth-f4qm