Saturday, September 16, 2006

Antitrust

Antitrust is not about believing no one, althought no one worth. It is the law of stopping people to form agreement, which probably benefits the contracting parties, and most importantly, harm the outsiders at the same time. To me, it is just a common way to compete, a strategy with higher chance to win, so to speak in game theory term. I see no different between this and that people try very hard to bulid up human network, is that fair? Why don't compete with each other on our own? Perfect competition? Don't be silly, if I know the prof. well, I need not work that damn hard to prepare for my exam.

This semester I have taken the selected topics in Price Theory, the one being selected this time is Antitrust, in HK it will be called as law of fair competition. Lots of reading is distributed in the first lecture, most are the law stuff, hard to read, and there are some Latins in it.

However, the prof. said, "As a HKU student, you guys should know what this Latins means, luckily, I am from CU."

Anyway, it is fun to have a seminar type class of this, lots of discussion, everyone participate (althought only 6 students enrolled), indeed it is the atmosphere that I think the university learning should look like, before I enter HKU.

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