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This is a terrible argument. You assume that a difference in degree can’t at some point lead to a difference in kind? Yes, this has always been done and that is
by rdlecler1 9y ago
This is a terrible argument. You assume that a difference in degree can’t at some point lead to a difference in kind? Yes, this has always been done and that is part of the problem. Big tech companies say, hey there’s nothing new here—but there is. It has now got to a point where you end up with these oligarchies. Small companies simply CANT compete. Before a company could say: we only have so much shelf space or we only have so much material or it will cost $X/unit and is not cheap. That is not the problem because this is just information. There is zero marginal cost. And a whereas before they may have been able to work their way up by getting their product on the shelf of a small mom-and-pop store or get their raw materials from a different supplier, now there is only one distributor, only one supplier and if you don’t have favored nation status then you can’t compete. It’s for these reasons we put anti-trust rules in place because we recognized that it was suboptimal.