Michael,

I think it goes side by side with the entire US ideology of competition improving the marketplace. When someone is a monopoly, the often get fat and lazy and inefficient. When that happens, everyone loses. When there is competition, you have to keep on your toes and improve. I can't imagine the disasters we'd have if ASCAP and BMI and SESAC weren't pushing each other (usually due to their own members rumbling about better service elsewhere), to get better and service their members better. Sure, there's plenty to be disatisfied with even with competition, but the American instincts say it would be far worse with a monopoly.

Brian

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