3 ms·
The idea that antitrust law exists to improve "consumer welfare" is a modern one. Until the late 1970's, antitrust was about exercising democratic control over
by rmrfstar 6y ago
The idea that antitrust law exists to improve "consumer welfare" is a modern one. Until the late 1970's, antitrust was about exercising democratic control over corporate power.
- scarface74 6y agoYou mean like the democratically elected President wants to “shut down” Twitter?
- rmrfstar 6y ago"Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- scarface74 6y agoDo you care to expand or just quote a rule without context? Government power is always amplified because it has coercive power. It’s not just about Trump, it’s about any government power.