Now Obama is going after companies that work.

[Squilliam]

TheRealMafoo said:

Squilliam said:

TheRealMafoo said:
So what should they do? When they steal employees, the get sued. When the promise not to, they get investigated.

They should not steal employees, but not say they won't steal employees?

If getting sued was the disincentive then they wouldn't need an informal or formal agreement to back it up if the legal contracts were binding. If the legal contracts aren't binding then the contracts themselves are moot. Either way if they were colluding its against the trade laws which are in place to help the markets run efficiently.

 

Yea, because so far the governments been doing a bang up job of making sure the markets run efficiently.

For every one market failure prevented by the government im certain you could name 10 failures caused by governmental interference in the market. However, overall the market place does benefit from government intervention. There are many key areas, for example patent and copyright protection. You wouldn't enjoy the wealth of technological/medical/entertainment you do currently if the government decided that it would not enforce copyrights/patents. However for the most part, you could assume that if your goverment announced it was doing X in Y market that its overall effects will be negative/inefficient.