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Legislation intoduced to make railroads subject to antitrust laws.
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[quote]QUOTE: <i>Originally posted by Lotus098</i> <br /><br />[quote]QUOTE: <i>Originally posted by futuremodal</i> <br /><br /> <br /> <br />Lotus - You are what you eat. Tell us how competition would kill railroading. The only thing competition kills is inefficiency.[/quote] <br /> <br />You seem to have misunderstood my post. Competition the driving factor of the capitalist free market is a great thing. I believe that the government forcing the break up of a railroad that has worked it's way up to the top is a bad thing since; no monopoly laws have been violated. I think the way the founders of our country did: That the government should keep its nose out of as much as possible. I don't argue with a lot of the trust busting done by good old Teddy Roosevelt this kept the free market from working as the company could force their competitors out of business by not doing business with them unless they charged a certain price. If the railroads have done this please let me know. How do railroads violate anti-trust laws? <br />James[C):-)] <br />PS here is a link to the site with a full copy of the bill. Sorry it is 23 pages, because the congress can't make anything simple.http://www.house.gov/transportation_democrats/rrcomp05_001_xml.pdf <br /> <br />[/quote] <br /> <br />Lotus, <br /> <br />Sorry I misunderstood. <br /> <br />Railroads are currently exempted from standard antitrust laws. This is probably the key which has allowed them to engage in differential pricing borne upon captive shippers, and that is clearly a violation of the spirit of antitrust. This new bill simply addresses that antitrust expemption, putting railroads on the same level as other industries. <br /> <br />BTW, thanks for the link. <br /> <br />BTW2, are you north of the 45th parallel, or are you down in the captive part of the state?
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