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The intent of antitrust law is to prevent anti competitive behaviour. This may include, but is absolutely not limited to, monopolistic behaviour.
by mdoms 5y ago
The intent of antitrust law is to prevent anti competitive behaviour. This may include, but is absolutely not limited to, monopolistic behaviour.
- cogman10 5y agoYeah, and it really is unfortunate that monopolistic behavior is the only place the US (lightly) goes after anti-competitive behavior. ISPs are another example where they should get involved but don't. I'd love to see the US either turn the internet into a public utility or trust bust the snot out of big telcoms like comcast and AT&T. Even now, in my local market a new fiber provider is coming to town, and wouldn't you know it, my ISP prices have dropped for the first time in years to be ever so slightly lower than this provider.
- jjk166 5y agoRegardless of intent, the laws themselves cover price fixing, formation of cartels, collusion which restrains trade, mergers and acquisitions that create monopolies, and monopolization. In other words, monopolistic behavior. People falsely believing that our current anti-trust laws cover a broad range of anti-competitive behavior that they don't has likely contributed to the lack of any new competition legislation in nearly half a century.