I would like to again address the issue of “Too Big to Fail”. The easiest solution I can think of is to amend the Sherman Anti-trust Act. The amendment would be simple. “No corporation or other entity be allowed to control more than 10% of any market sector, in vertical or horizontal integration”.
Economies of scale be dammed. The more companies or entities in business the less chance that one or two failures will bring down the economy is greatly diminished.
Fred Sponseller
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