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> They most certainly are monopolies and we can see it in their behavior. This is not true for all the reasons I already pointed out in my comment. You can't
by sanderjd 5y ago
> They most certainly are monopolies and we can see it in their behavior.
This is not true for all the reasons I already pointed out in my comment.
You can't just wish this away. You need some other theory of the case. I agree with you that all those things are bad, but those bad things just don't flow from monopoly, they flow from some other problem.
- supercanuck 5y agoTake it up with the FTC and Tim Wu (https://en.wikipedia.org/wiki/Tim_Wu https://en.wikipedia.org/wiki/Tim_Wu) then, you obviously are more in the know than they are.
- sanderjd 5y agoThe FTC is free to make the arguments you and others are making here. I would bet you large sums of money that those arguments will not prevail. In fact I'm quite sure they won't bring cases using those arguments because they know that and don't want to be embarrassed. They will probably bring different arguments and also lobby for other regulatory changes, and I'm all for all of that, but they won't come to court saying "Amazon has a monopoly on e-commerce", because lawyers don't like it when judges laugh at them.