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The Sherman Antitrust Act has a great deal more in it than only defining monopoly powers. No business is permitted to engage in price-fixing, regardless of siz
by otakucode 9y ago
The Sherman Antitrust Act has a great deal more in it than only defining monopoly powers. No business is permitted to engage in price-fixing, regardless of size, and that is due to that act. Many other anticompetitive practices are defined in it as well, and also apply to all businesses deemed to be engaging in 'commerce'. I'm not talking about claiming Uber is a monopoly at all, just that their actions (as described by the article) sounds to me like anticompetitive practices that are illegal under the act.