Owner of several S'wich shops constitutes Monopoly!!?!??

Owner of several S'wich shops constitutes Monopoly!!?!??

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Lake Como

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@suzianne said
... said the sociopath.
But, you, on the other hand, say nothing? What do you mean by help? Maybe you cant define what you mean when you help someone?
If i say i will help my neighbor today, it could be to help him build his barn, or help him carry his groceries into the house. So, i would tell you how i would help him. So, now, you tell us what you mean?

You said the business of helping people is done by the government. It would be a fair question....what help would they provide? To whom? You left it wide open for me to encourage you to shine with your comment.
But you will not answer it.

Lord

Sewers of Holland

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@wajoma said
"The 'private sector' of the economy is, in fact, the voluntary sector...the 'public sector' is, in fact, the coercive sector."

Hazlitt
Hazlitt sounds like a clymedic clit.

Lake Como

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@no1marauder said
US anti-trust law does not require an entire market to be owned by one firm for it to be considered a monopoly under the Sherman Act and other more than 100 year old laws:

"Courts do not require a literal monopoly before applying rules for single firm conduct; that term is used as shorthand for a firm with significant and durable market power — [b]that is, the long ter ...[text shortened]... learn something rather than gullibly swallowing every piece of right wing propaganda you gaze upon.
Nexis is never wrong, but you simply cofirm that each case is different. The issue at hand is one corp owning several different sandwich purveyors. AvJoe's Nexis says that is not a monopoly. What it is is good business. Should the government tell them to stop growing and providing sustenance to the masses?

Blade Runner

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@earl-of-trumps said
Liberals are soooooo concerned about private monopolies but have much love for government monopolies like ObamaCare.

You want to get down to it,, the government has sole rights to the Registry of Motor Vehicles, and the set high rates

Want another..? Gambling. The state will arrest anyone running a lottery or gaming business, giving the state a monopoly
What about defense? Should government break up that little monopoly as well??

Lake Como

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@kmax87 said
What about defense? Should government break up that little monopoly as well??
Good one,….see? Kmax has fun in the forum. And he writes something one can respond to, unlike links stating obvious facts of government policy. Class101.
I would respond that military ‘works better’ if it has one owner, the government. Whereas, a capitalist society works better, and as intended, when its factions compete with each other.
So, in the first instance, you want a monopoly. In the second instance, you do not want a monopoly, so that each enterprise can work independently of others, making life better and less expensive for all of us.

Naturally Right

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@wajoma said
"The 'private sector' of the economy is, in fact, the voluntary sector...the 'public sector' is, in fact, the coercive sector."

Hazlitt
The whole concept of private property is based on State coercion and force.

Naturally Right

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@averagejoe1 said
Nexis is never wrong, but you simply cofirm that each case is different. The issue at hand is one corp owning several different sandwich purveyors. AvJoe's Nexis says that is not a monopoly. What it is is good business. Should the government tell them to stop growing and providing sustenance to the masses?
And I say you're too ignorant, uneducated and gullible to make that call.

It's the FTC's job to enforce antitrust law. Let them decide whether this acquisition will or won't "substantially lessen" competition.

Lake Como

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@no1marauder said
The whole concept of private property is based on State coercion and force.
Marauder goes deep!! He could convince us that an elephant is very small.

Lake Como

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@no1marauder said
And I say you're too ignorant, uneducated and gullible to make that call.

It's the FTC's job to enforce antitrust law. Let them decide whether this acquisition will or won't "substantially lessen" competition.
Of course. Who said that they shouldn’t?

Naturally Right

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@averagejoe1 said
Of course. Who said that they shouldn’t?
Well if all this thread is is a complaint about Senator Warren being somewhat imprecise in using an economic term, then it's trivial.

But you seemed to be objecting to the FTC reviewing the acquisition in the first place. If you're not, then I don't know what we are "debating".

Lake Como

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@no1marauder said
Well if all this thread is is a complaint about Senator Warren being somewhat imprecise in using an economic term, then it's trivial.

But you seemed to be objecting to the FTC reviewing the acquisition in the first place. If you're not, then I don't know what we are "debating".
Of course they do review applications for one corp to acquire another. They apparently did, and found no monopoly. So yes, how can the acquisition be a monopoly issue, it clearly is approved, So, no monopoly. That means this thread is apparently about this pitiful screeching flower-club child with a mike.

You are a lib......can you explain what in the hell she is on about.

Pawn Whisperer

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@kmax87 said
What about defense? Should government break up that little monopoly as well??
I could go for militias and limited military

Naturally Right

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@averagejoe1 said
Of course they do review applications for one corp to acquire another. They apparently did, and found no monopoly. So yes, how can the acquisition be a monopoly issue, it clearly is approved, So, no monopoly. That means this thread is apparently about this pitiful screeching flower-club child with a mike.

You are a lib......can you explain what in the hell she is on about.
No, you idiot, no final decision by the FTC has been made:

"The U.S. Federal Trade Commission (FTC) is investigating whether Roark Capital's purchase of Subway for $10 billion is legal under antitrust law given that the private equity firm already owns Jimmy John's and Arby's, Politico reported Tuesday."

"The FTC is investigating whether buying Subway would give Roark too much power in fast food, the report said, citing sources familiar with the matter. Roark controls Inspire Brands, the owner of restaurant chains including Jimmy John's, Arby's, Baskin-Robbins and Buffalo Wild Wings."

https://www.reuters.com/markets/deals/us-ftc-probes-10-bln-deal-subway-politico-2023-11-21/

So you, as usual, don't know what you are talking about.

Die Cheeseburger

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@kmax87 said
What about defense? Should government break up that little monopoly as well??
The role of goobermint: Police, Justice, Defence.
Not the role of goobermint: A tool for kmax to force his dream feelings on his fellow man.

Die Cheeseburger

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@earl-of-trumps said
I could go for militias and limited military
Agreed.