Are Insurance Companies Exempt From Anti-Trust Laws?

There are some very spirited antitrust laws on our books that protect determined industries from dealing with such obtuse and onerous regulations. Some bear that healthcare insurance companies are totally exempt from antitrust rules and regulations. Whereas, there was some legislation some 70-years ago, it hardly protects insurance companies today, from antitrust regulations.

Meanwhile, it appears that insurance companies need the antitrust laws enforced on the United States government, which feels it can advance in and remove over private enterprise like this. It is spellbinding that the United States government feels itself is not subject to antitrust laws as it nationalizes all of the largest money producing industries in the US.

For those that don't deem that socialism is on the march, or that this Congress and administration are not socialist leaning in their legislation and focus, I'd like to say to them; you must be wearing blinders. Further, on this topic of insurance companies and exemptions from antitrust laws I'd like to say;

For those who reflect that insurance companies are exempt from our antitrust laws, obviously they do not engage Elliot Spitzer's shake-down of the industry, ousting Hank Greenberg, which by the draw led to the fresh CEO allowing their London Office to acquire into difficulty insuring credit default swaps and mortgage bundles.

In fact, the world global economic atomize may not have occurred had the prostitute hiring Elliot Spitzer had not stale his authority to shake-down AIG. mediate about it, and why not do some research; why not go read DiLorenzo's book on "How Capitalism Saved America" or the Business Side of "Government by Smoot." Why not read some of Milton Friedman, and Ludwig van Misses too.

The reality is our antitrust laws in the United States have always been venerable in a method that is against capitalism, rather than for what is legal. Other nations are now following suit, and using antitrust regulations to encourage their plot owned companies compete against free enterprise companies. This is a awful slippery slope that we have created, and we will be very sorry in the future. I am not blissful.

Posted in: Law_Insurance