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They totally create damage to the market in this case. The fact that courts turned competition law into some toothless tool only highlights the problem.
by shmerl 5y ago
They totally create damage to the market in this case.
The fact that courts turned competition law into some toothless tool only highlights the problem.
- foxfluff 5y agoI think the problem is that outdated competition laws stem from an era where a potato is a potato and it doesn't particularly matter whose potato it is that you buy. It completely fails to account for the relatively recent platform lock-in and network effects which dramatically amplify the leverage and impact of the platform owner not only on the end users (who could with great effort choose a different platform and migrate all their data and services) but also the third parties who need access to the platform in order to enter a market.
- shmerl 5y agoI think concepts behind the laws are fine. Courts just don't want to apply them, instead diluting the original idea.