The Great Escape: Concentration Good, Monopoly Justiciable

SOURCEThe Economic Weekly

The report of the Monopolies Commission cannot be treated with the indifference (or amusement) which was extended to the report of the Mahalanobis Committee. Too many undertakings have been given about implementing its recommendations and a draft bill is incorporated in the report.
However, the only charitable interpretation possible of the general approach and recommendations of the Monopolies Commission is that it proved unequal to the task of reconciling the opposing logic of capitalism and socialism. Those who had felt that the Commission should never have been set up in the first place have been proved right.