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At what point does this sort of thing become legally questionable?
by junon 6y ago
At what point does this sort of thing become legally questionable?
- jhugo 6y agoAt no point? These APIs are all secondary sources anyway, the actual price is public information on the actual currency markets
- kasey_junk 6y agoCurrency (spot) markets are not typically public. They are usually OTC deals between 1 counterparty and a specific bank. Even on multi dealer platforms you don’t see the same prices other people trading on those platforms see.
- webmaven 6y ago> At what point does this sort of thing become legally questionable? Only at the point where the roll-up creates a dominant player (or several, ie. a monopoly, duopoly, or oligopoly[0]) and antitrust rules kick in to prevent further consolidation or abuse (of various sorts) of the dominant position(s). [0] In theory, antitrust also protects from abuse of monopsonies etc., but abuse of a dominant buyer (eg. Walmart) is harder to accomplish and maintain, harder to prove harm, and harder to regulate.