fostering competition
It has been suggested that the proposed policy changes would reduce
competition. We heartily disagree.
The policy changes foster information flow. Information flow improves
the efficiency of markets. This is more likely to increase competition
than to reduce it.
Increased transparency does not impact all businesses identically. Those
that more effectively exploit market imperfections may find less
advantage in a more transparent marketplace. That lessened advantage
should not be confused with a decrease in competition. Quite the
contrary.
______________________________
Scott K. Peterson
Senior Counsel
Hewlett-Packard Company
165 Dascomb Road
Andover, MA 01810