TheDeal.com - Gut check time
A moment of truth has arrived for the Bush administration's trustbusters. Mergers announced in two industries would, unless blocked, lead to companies that would dominate their markets. Moreover, the unproven theories that reportedly are being proffered to excuse these mergers could be used to rationalize the formation of monopolies in many other crucial industries.
The entire business community should be watching to see the strength of the administration's commitment to principles of competition.
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