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FTC Has Excessive Market Power

by Roger Donway
Jun 24, 2010

 

 

 What should become of “Dollar Thrifty Automotive Group”? Should it go to Hertz? Should it go to Avis? How will this affect competition with Enterprise? I have no idea. Neither does the FTC, of course. But that it will not prevent it from issuing a decree obviating the judgment of the market. (Incidentally, this report from Reuters was written by Bijoy Koyitty in Bangalore--remarkable testimony to the globalization of business and business commentary.)

 

 
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