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"Competition is the surest sign that there was not actually any anticompetitive conduct" Anti-competitive conduct can be poorly executed, leaving some small ro
by winkeltripel 5y ago
"Competition is the surest sign that there was not actually any anticompetitive conduct"
Anti-competitive conduct can be poorly executed, leaving some small room for competition, while still largely stifling new market entrants. A single 'competitor' isn't a healthy market. How many new small firms didn't get formed, or died on the runway to cash flow, because of Facebook?
- crazy1van 5y agoSimilarly, how many small firms that could grow up to be serious competitors won’t get started because of regulatory compliance demands. There is a reason companies become much more amenable to regulation once they are large and established. Lobbying for arduous regulation is often much cheaper than actually competing with new companies.
- tablespoon 5y ago> Similarly, how many small firms that could grow up to be serious competitors won’t get started because of regulatory compliance demands. This is about antitrust regulation, so that point is nonsense in this context. I don't want large or small firms to engage in anti-competitive behavior, just like I don't want them committing arson.