Changes

[[Adam Smith]] said, {{quotebox|"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a [[conspiracy]] against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed or would be consistent with [[liberty]] and [[justice]]. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary."<ref>https://www.econlib.org/library/Enc/Cartels.html</ref>}} Smith's statement is interesting in that it's critical of government for encouraging formation of lobbying trade groups to speak with one voice in regulatory matters, such as [[Big Pharma]], for example.

[[Adam Smith]] said, {{quotebox|"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a [[conspiracy]] against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed or would be consistent with [[liberty]] and [[justice]]. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary."<ref>https://www.econlib.org/library/Enc/Cartels.html</ref>}} Smith's statement is interesting in that it's critical of government for encouraging formation of lobbying trade groups to speak with one voice in regulatory matters, such as [[Big Pharma]], for example.

When the government grants protection or assents to collusion and monopoly control by not enforcing anti-Trust laws, it is referred to as "[[corporate cronyism]]."

When the government grants protection or assents to collusion and monopoly control it is a form of "[[corporate cronyism]]."

===Tech company collusion===

===Tech company collusion===