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Monthly Archives: April 2005

Jumping on bandwagons is a bad idea: Part infinity

Found on ChannelNewsAsia:
Computer audio equipment maker Creative Technology Ltd posted a 72 percent fall in quarterly net profit due to increased competition and lower selling prices of digital music players.
Nasdaq-listed Creative said it had net profit of US$15.9 million for the three months ended March 31, its fiscal third quarter, including a $14.8 million investment [...]

Private exercise of market power is not easy

The bloggers at the aseanist have a reply on my policy suggestion of weak anti-trust laws and weak ‘intellectual property’ restrictions.
They cite a case decided by the Supreme Court of the USA (commonly known as SCOTUS) from 1941: FASHION ORIGINATORS’ GUILD v. FEDERAL TRADE COM’N, 312 U.S. 457 (1941).
I shall quote the case summary from [...]

Jumping on bandwagons is hard to do

And now for something completely different!
From Singapore Ink:
The opposition Singapore Democratic Alliance (SDA) has added its voice to the anti-casino chorus.
It opposes the setting up of a casino here on ?moral grounds.?
?The SDA believes that the casino, with all its vices, will lower and destroy the moral fabric which Singapore has built over the last [...]