4 ms·
edit: ha! your edit nails it. You share a feature with the author in that neither of you are economists! ;-) I skimmed the writing to create a skeleton of the
by caminante 10y ago
edit: ha! your edit nails it.
You share a feature with the author in that neither of you are economists! ;-)
I skimmed the writing to create a skeleton of the argument. The claims and solutions are wild.
No, AMZN doesn't have a "free pass to grow without any pressure to show profits." This is evidenced by investor reactions to their Q4 earnings call. Her solution is a solution in search of a problem:
More specifically, restoring traditional antitrust principles to create a
presumption of predation and to ban vertical integration by dominant platforms
could help maintain competition in these markets. If, instead, we accept
dominant online platforms as natural monopolies or oligopolies, then applying
elements of a public utility regime or essential facilities obligations would
maintain the benefits of scale while limiting the ability of dominant
platforms to abuse the power that comes with it.
- pitaj 10y agoPlease don't use code blocks to quote. Use `>` meme arrows instead.
- icebraining 10y agoThey were quote characters in email before they were used in memes :) http://www.catb.org/jargon/html/email-style.html http://www.catb.org/jargon/html/email-style.html
- awfgylbcxhrey 10y agoBack when I first came to HN, comment quotes were usually in italics, and pre-formatted blocks have been used for all sorts of (ab)uses. I came back recently and now everyone seems to think this is Reddit or 4chan.