From the hazards of competition. Have 25 years of deregulation been an improvement . To paraphrase calvin coolidge, the business of america is big business. Large and crucial industries are dominated by a few powerful companies which have grown with the economy and rewritten the rules of competition. What are the economic and legal rules these Companies Live by . What has big Business Done for and to the consumer . Whatever happened to price competition . With the help of economic analyst richard gill well examine these questions on this edition of economics u a. Im david schoumacher. Theres no business bigger than the auto business. If youve shopped for a car recently this is a familiar sight. It looks like real competition a variety of products at a variety of prices. But is what you see what you get . It was when you bought one of henry fords model ts. Henry ford didnt invent the car, and he didnt invent the assembly line, but he brought the two together and gave america its first m