Isn't the point of monopoly laws to keep companies/corporations from becoming too big to fail?
- 9 years agoBest Answer
No, they were instated by Theodore Roosevelt to prevent Monopolies or companies from being too big. Stimulus and Bailouts prevent free market principles.
- SherriLv 44 years ago
it implies monopoly, but having a monopoly does not imply being too big to fail. A Republican will think that is contradictory, but only because they don't understand logic. Certain essential goods and service that are critical to our infrastructure (banks, oil, etc) cannot be allowed to get to big too fail, whereas non-essential goods and services are free to fluctuate with market conditions without causing harm to the overall economy.
- Robert TLv 69 years ago
To adhere to other Laws of commerce as well. To many to blame means no justice but conspiracy
- Capt ColdLv 79 years ago
That is one of the points, yes.
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- MaxwellLv 79 years ago
it is to keep them from getting so big and powerful that no one else can enter the market.
there is no such thing as too big to fail....that is a fallacy...The USSR was far bigger than GM...and it failed.
- TimLv 69 years ago
No, the point is to allow competition.
- Anonymous9 years ago
We got rid of banking regulations since the 70's. Thanks conservatives. Ayn Rand is not an economist.
- 9 years ago
i think so man i dont really know but maybe.