The topic of the day in the economic class was "Monopoly, oligopoly, perfect competition, imperfect competition, monopolistic competition". The concepts were all ok and true but what i couldnt understand is the anti trust crap, the notion of preventing collusions, price fixing etc. God Himself is into bias, nature is biased towards certain beings, nothing in this universe is a platform for perfect competition. Even darwin said "survival of fittest", the resources are so less that there will always be competition and mind you....there will be no perfect competition at all. Knowing all these things, Govts are foolish enough to swim against this and show itself as being fair enough.
Even simple things like .... being fair and handsome gets you an advantage over others in the field of acting, being fair and beautiful is an advantage of any girl to be a chooser, getting a degree from MIT or stanford is an open seasoned ticket to anything in the world, having an heft bank balance is also an open ticket to buy anything, being an investor and venture capitalist lets oneself choose the best and make money out of the startup...the list goes on and on. Nothing is perfect at all and the concept of anti trust case against microsoft or a delay tactics in allowing google to buy out double click etc etc doesnt make sense to me at all!!!
Even simple things like .... being fair and handsome gets you an advantage over others in the field of acting, being fair and beautiful is an advantage of any girl to be a chooser, getting a degree from MIT or stanford is an open seasoned ticket to anything in the world, having an heft bank balance is also an open ticket to buy anything, being an investor and venture capitalist lets oneself choose the best and make money out of the startup...the list goes on and on. Nothing is perfect at all and the concept of anti trust case against microsoft or a delay tactics in allowing google to buy out double click etc etc doesnt make sense to me at all!!!
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