From Ken Dixon, CT Post:
The tribes are going ahead now with their $300 million East Windsor project along Interstate 91, about 17 miles south of Springfield. But the tribal leaders and lawmakers understand that MGM’s fight will go on in the courts and possibly the Bureau of Indian Affairs. “I believe going off the reservation makes this whole argument so much different that what has happened in the past,” said Amann who wants the Schaghticokes to get a chance to bid on a Southwestern Connecticut casino, possibly in Bridgeport. “It’s unconstitutional.”
Uri Clinton, MGM’s vice president and deputy general counsel, declined to say whether the company is lobbying the Bureau of Indian Affairs to reject the tribes’ expansion effort and the new memorandum.
“We’ve had a very strong position that legally there are constitutional issues we’re going to be pursuing,” Clinton said. “Litigation is part of the strategy. We really made a significant investment in trying to get a seat at the table, and we really value access to the New York market if that opportunity presents itself. Some people thought we were just trying to block, but last year we made a significant commitment to the state and we’re planning to engage next (legislative) session.”
Full story here.
A government-granted monopoly (also called a “de jure monopoly”) is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or company to be the sole provider of a commodity; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.[citation needed]
Samuel Insull, a British-born American electrical industry business magnate invented regulated monopoly. This came from a combination of his business persona and his political one. On the one hand, he abhorred the waste of competing power producers, whose inefficiency would often double the cost of production. On the other hand, he believed in the citizen’s right to fair treatment. So while he bought up rival companies and created a monopoly, he kept his prices low and campaigned vigorously for regulation.
Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.[1][2] Competition law is implemented through public and private enforcement.[3]
Competition law is known as anti-trust law in the United States, and as anti-monopoly law in China[1] and Russia. In previous years it has been known as trade practices law in the United Kingdom and Australia. In the European Union, it is referred to as both antitrust[4] and competition law.[5][6]
There are still a few that believe an Indian cassino will cure all of Bridgepport’s ills. In point of ffact a casino would create more. Pawn shops would pop up like mushrooms on cowshit after a spring rain, the vice merchants will set up shop with loan sharks, prostitutes, drugs… A hotel and casino will create lots of minimum wage jobs. That’s not a positive.