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And now on the HN front page: > In the mid-twentieth century, courts applying the antitrust laws held that such persuasive advertising is anticompetitiv
by carapace 7y ago
And now on the HN front page:
> In the mid-twentieth century, courts applying the antitrust laws held that such persuasive advertising is anticompetitive and harmful to consumers, but the Federal Trade Commission (FTC) was unable to pursue an antitrust campaign against persuasive advertising for fear of de-priving consumers of advertising’s information value. Now that the information function of most advertising is obsolete, the FTC should renew its campaign against persuasive advertising by treating all advertising beyond the minimum required to ensure that product information is available to online searchers as monopolization in violation of section 2 of the Sherman Act.
~ "The Obsolescence of Advertising in the Information Age" https://www.yalelawjournal.org/article/the-obsolescence-of-advertising-in-the-information-age https://www.yalelawjournal.org/article/the-obsolescence-of-a... https://news.ycombinator.com/item?id=22991286 https://news.ycombinator.com/item?id=22991286