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Posted: | 2011-11-02, 03:47AM | |
Dear friends, I wanted to let you know about a new petition I created on We the People, a new feature on WhiteHouse.gov, and ask for your support. Will you add your name to mine? If this petition gets 25,000 signatures by November 27, 2011, the White House will review it and respond! We the People allows anyone to create and sign petitions asking the Obama Administration to take action on a range of issues. If a petition gets enough support, the Obama Administration will issue an official response. You can view and sign the petition here: http://wh.gov/bqm Here's some more information about this petition: outlaw mergers and acquisitions Outlawing mergers and acquisitions would eliminate the tool for creating monopolies. If a company is failing then it should go out of business. If it is successful, then it should grow from its own merit. It is very difficult for consumers and the government to control the abuses of a huge conglomerate or a monopoly. Small businesses just cannot compete fairly with huge companies. Getting rid of mergers and acquisitions will allow new companies and new ideas to enter the system to compete. These big companies formed by mergers and acquisitions creates a "big bully" mentality in the corporation world. Simply, its just not fair. Furthermore, it would hopefully reduce the influence they have in the political world. People before corporations.
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