Originally Posted by
VisionWings
The SEC actually reviews business conduct for mismanagement. Stock holders interest are to be protected.
JetBlue explicitly stated they would raise fares as part of the joint company. The government said it would hurt consumers.
we are talking about the role of the government which is to manage resources pooled by the national for the good the nation.
special interest groups and lobbyists ruin that system. Corruption ruins the system.
but someone above said it wasn’t the job of the government to manage businesses? lol. That is the exact job of the government one of their many functions.
only because we gave the government wayyyy too much authority by letting them pick winners and losers instead of the market. And of course who ever has the bigger lobbying budget wins.