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This “everything is fine as long as the price is lower” logic is what’s wrong with our current lax anti-trust laws.
by kwertyoowiyop 5y ago
This “everything is fine as long as the price is lower” logic is what’s wrong with our current lax anti-trust laws.
- missedthecue 5y agoWhy is it wrong? The goal of anti-trust laws isn't to protect inefficient businesses. It's to promote competition, and the entire point of having competition is that it lowers prices for consumers.
- madeofpalk 5y ago> It's to promote competition, What happens when everything is free/subsidised by advertising? How do you assess the competitiveness of Facebook when they don't charge anything to use Facebook, Instagram, Whatsapp, ...