It is recognized clearly in the case of an isolated individual or family that one occupation can expand only at the expense of all other occupations. Henry Hazlitt, Economics In One Lesson, p. 105.
It almost goes without saying that whenever a merger or corporate buyout is announced subsequent reporting will center on the anti-trust implications of such a combination. Though corporations are in theory acting in the best interests of their shareholders, the existence of anti-trust lawyers means that does not always pass muster with the Justice Department.
This sad reality reared its ugly head…

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