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The secondary consequences of restraining the number of new market entrants politically are elevated prices the end consumer winds up paying, constricted services and retarded technological innovations. For a summary of the laws creating obstaclesДЇor new prospective banks to go into business, see the Editor's Notes calledД«ANK CHARTERS, BRANCHING, HOLDING COMPANY AND MERGER LAWS: COMPETITION FRUSTRATED in 71 Yale Law Journal 592 (1962). Sure that the owners of existing banks are very well fed, and so throwing TortsДЄt the public is nothing they are going to concern themselves with. Issuance of local Television Station licenses by the FCC, the Comptroller of The improved service the end consumer would be experiencing, or of the veryД¬ompetitive rates of interest on loans that new upstarts searching for business Request, listed the banks already in the Hartsville area and the deposits theyД¬omptroller seemed to be very concerned about enhancing the financialД®nrichment of the existing banks and at no time was there any discussion about

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The letter from the Comptroller, in turning down the License In Hartsville shut out a new impending competitor. Reason:ДЇavorable conclusion as to the need factor.'ДЄpplication because the community was already adequately served by other banks,ДЄnd there was no 'need,' seemingly, for the new proposed national Submitted an application to the Comptroller of the Currency for a licenseД¬ertificate, and the request was denied.

Pitts wanted to bring a new National Bank into the Market participants, while shutting out new banks and damaging the endД«anking district, there is only so much business to be had cutting out newД®ntrants keeps a bigger slice of the banking pie for the owners.

For example, the creation of National Banks by the Congress, through theД¬omptroller of the Currency, is one such monopoly designed to enrich existing Upstarts allows existing Grandfathers to have a bigger slice of the pie they Market there are only so many potential customers available, and excluding new

Jurisdiction is to discourage potential new market entrants from competing with Licensed manufacturer of fireworks, which is an obvious pursuit of federallyДЇederal monopolies were designed specifically for the existing participants toД®xperience intensive Commercial enrichment in, as the net effect of a regulatory Of INCONHLP.ZIP before proceeding with your study of this file.]Д®xperiencing the direct benefits of Commercial enrichment acquired through aДЇederal license program, such as being an SEC registered stockbroker, or an ATF It is advisable to EXIT this file right now and read the contents Information as well is contained in INCONHLP.ZIP.

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