Just found a wonderful article about Europe's liberalizing markets that goes on to point out that competition policy set in terms of consumer benefit winds up working out better for the economy as a whole. As an example, the authors cite the EC decision to regulate cell phone network connection charges.
One wonders if Cheney's secret Energy Policy Committee took this kind of thinking into account. No wait, one doesn't wonder that.

1 Comments:
Preposterous!
Competition law between large corporations is something akin to a duel fought between members of the aristocracy. And my dear boy, one does not fight such a duel over the peasants.
I am so comforted that the Americas are finally coming around to this way of thinking. Much in the same way that you are finally seeing the sense in religious Puritanism, colonial wars and being exclusively ruled by a couple of inbred looking dynasties. Why if things keep going the way they should, in a thrice it'll be just like being back in merry old Victorian England.
Huzzah!
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