"In Trusts, They Are Gods"

[Judge]

So now Paramount is making a hostile bid to take control of HBO/Max away from NetFlix. In a legal environment involving regulatory approval that seems disinterested in preserving any anti-trust considerations on the part of us lame consumers.

Mergers/Acquisitions= higher prices for consumers who have no say in such matters.

Paramount makes $108.4 billion hostile bid for Warner Bros Discovery

 

[TBRS1]

They are gambling that antitrust laws will not be reestablished before they can profit.

I'm not sure that is a safe bet.

In the near future I suspect that there will be a period of time in which those who are currently profiteering will be under serious investigation by very angry peeps.

 

[Judge]

They are gambling that antitrust laws will not be reestablished before they can profit.

I'm not sure that is a safe bet.

In the near future I suspect that there will be a period of time in which those who are currently profiteering will be under serious investigation by very angry peeps.

Consider the mood of the six dominating Supreme Court justices who ultimately have the very last word in such matters. Then review the history of landmark decisions in the last quarter century and beyond that overwhelmingly favor private enterprise.

A history which doesn't lean towards the interests of the people, but firmly within the purview of commerce. A pattern in our nation's legal history at the highest level that has been ongoing for the last 150 years. Despite intermittent attempts by legislators to regulate such practices.