Box Burner wrote:Newspapers have their place of course. But keep in mind that the newspapers that want you to pay for them are owned by big money. Do you really think that they are going to print the truth? They all have their fingers in the same pie that the politicians and bankers are feeding off of. Who do you think tells them what they can print.
Buying toilet paper is still cheaper, and it doesn't make your butt sore.
it will be a sad when the investigator reporter is gone and all you have is the blogs, discussion threads and internet conspiracy sites for your news source.
Few news papers pay for investigative report today. The NYTimes has the largest number of them, Washington Post fewer, SF Chronicle fewer still, Boston Globe may be history soon. I don't count on TV or Cable to really give me intense coverage, but sound bites.
Administration Plans to Strengthen Antitrust Rules
http://www.nytimes.com/2009/05/11/busin ... st.html?hp
By STEPHEN LABATON
Published: May 11, 2009
WASHINGTON — President Obama’s top antitrust official this week plans to restore an aggressive enforcement policy against corporations that use their market dominance to elbow out competitors or to keep them from gaining market share.
Susan Etheridge for The New York Times
Christine Varney, left, of the Justice Department’s antitrust division.
The new enforcement policy would reverse the Bush administration’s approach, which strongly favored defendants against antitrust claims. It would restore a policy that led to the landmark antitrust lawsuits against Microsoft and Intel in the 1990s.
The head of the Justice Department’s antitrust division, Christine A. Varney, is to announce the policy reversal in a speech she will give on Monday before the Center for American Progress, a liberal policy research organization. She will deliver the same speech on Tuesday to the United States Chamber of Commerce.
The speeches were described by people who have consulted with her about the policy shift. The administration is hoping to encourage smaller companies in an array of industries to bring their complaints to the Justice Department about potentially improper business practices by their larger rivals. Some of the biggest antitrust cases were initiated by complaints taken to the Justice Department.
Ms. Varney is expected to say that the administration rejects the impulse to go easy on antitrust enforcement during weak economic times.
She will assert instead that severe recessions can provide dangerous incentives for large and dominating companies to engage in predatory behavior that harms consumers and weakens competition. The announcement is aimed at making sure that no court or party to a lawsuit can cite the Bush administration policy as the government’s official view in any pending cases.
As a result of the Bush administration’s interpretation of antitrust laws, the enforcement pipeline for major monopoly cases — which can take years for prosecutors to develop — is thin. During the Bush administration, the Justice Department did not file a single case against a dominant firm for violating the antimonopoly law.
Many smaller companies complaining of abusive practices by their larger rivals were so frustrated by the Bush administration’s antitrust policy that they went to the European Commission and to Asian authorities.
I'm glad to see this action finally.
AIIZ