Yes, AMERICA, THE LIES CONTINUE.
CORPORATIONS SAY ANTITRUST IS TO PROTECT THE CONSUMER, NOT COMPETITION.
OH, YEAH ! They will protect the Consumer. FOR SURE !!!
The REAL Definition is to "Protect Competition."
Even the British don't allow mergers which hurt competition
AND THEY DON'T HAVE A SHERMAN ANTI-TRUST ACT, LIKE WE HAVE HAD, FOR THE PAST 90 YEARS.
Britain Blocks Lloyds Abbey Takeover
LONDON (AP) - The government on Tuesday blocked Britain's
third-biggest bank, Lloyds TSB Group, from buying mortgage lender
Abbey National PLC, arguing that the takeover would be against the
public interest.
The long-awaited announcement by the Department of Trade and
Industry dealt a major setback to Lloyds, which had made three
separate offers for Abbey. Its latest offer in January was worth
$27.9 billion.
Trade Secretary Patricia Hewitt said she blocked the deal because
it would reduce competition for personal accounts and banking
services for small- and medium-sized enterprises, "with the adverse
effects in both markets of higher prices to customers and reduced
innovation."
Months ago, our "TRUST BUSTERS at the Treasury allowed EXXON and MOBIL OIL to merge. The fact that it drastically reduced competition didn't count with the CORPORATE LACKEYS IN CONGRESS.
Like the Media, they are, all, in the pockets of Big Oil and controlled by the Banksters.
What's Ruined American Capitalism--The CORPORATION--Click here to read how.
MONEY TALKS
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