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The current legislative environment is entirely ill-equipped to deal with these companies, and moreover, no one even knows how to deal with them. The former ma
by jdale27 9y ago
The current legislative environment is entirely ill-equipped to deal with these companies, and moreover, no one even knows how to deal with them.
The former may be true; not sure about the latter. Existing anti-trust law could be sufficient to deal with them, if the powers that be had the will to use it.
- mulmen 9y agoI think there is a challenge in applying current anti-trust laws to a company like Amazon because Amazon's reach is more wide than it is deep. AT&T owned almost the entire telecom network in the United States, Amazon doesn't have anywhere near that kind of influence in any of it's businesses. What Amazon does have is a significant presence in many different (competitive) businesses. I can't think of an example of antitrust being applied in a similar situation in the past but I could be missing something obvious.