The Competition Enforcers: The Competition Act of India Is Unconstitutional
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Over at Humanevents.com, Thomas Sowell takes apart the EU case against google. EU has accused google of not granting on its platform, the same access to rivals' search engines as it grants to its own. When all else fails, competition is the last bogey socialists use to control market. According to them, it is their duty to ensure competition. This they do by putting restrictions on the companies which seem to get ahead of others, by some arbitrarily decided margin. They also claim to ensure fair trade practices, without ever defining what is fair. Governments deal in lawful and unlawful, they do not, must not, and can not deal in fairness/unfairness. Because fairness is in the eye of beholder.
The Competition Enforcers: The Competition Act of India Is Unconstitutional
The Competition Enforcers: The Competition…
The Competition Enforcers: The Competition Act of India Is Unconstitutional
Over at Humanevents.com, Thomas Sowell takes apart the EU case against google. EU has accused google of not granting on its platform, the same access to rivals' search engines as it grants to its own. When all else fails, competition is the last bogey socialists use to control market. According to them, it is their duty to ensure competition. This they do by putting restrictions on the companies which seem to get ahead of others, by some arbitrarily decided margin. They also claim to ensure fair trade practices, without ever defining what is fair. Governments deal in lawful and unlawful, they do not, must not, and can not deal in fairness/unfairness. Because fairness is in the eye of beholder.