3 ms·
Er, when's the last time the Sherman Antitrust Act got enforced? Given that last time, are there any modern corporations that would seem to deserve the antitrus
by revolvingocelot 5y ago
Er, when's the last time the Sherman Antitrust Act got enforced? Given that last time, are there any modern corporations that would seem to deserve the antitrust treatment, but aren't getting it for some reason? How much are those corporations donating to Congress? Enforcement just doesn't happen because then the money train would stop.
This ain't exactly parsimonious. You're going on about "political benefits", but why introduce additional complexities like that when the bribery uh lobbying er aggressive donation strategy is public knowledge, super obvious, and almost entirely bipartisan? [0][1] This doesn't even include Big Oil, Big Pharma, Big Ag, etc... It makes me uncomfortable, too, but pretending it's about politicking is just silly.
[0] https://www.protocol.com/tech-company-pacs-2019-2020 https://www.protocol.com/tech-company-pacs-2019-2020
[1] This doesn't apply to the most recent presidential election. Note that most of the cash went to Democrats. I can't really blame them. My thesis is that big corps lobby the gummint in order to ensure Good Business; it's sensible that the big corps might realize that another term of Trump might be more disruptive than beneficial