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> Antitrust hasn't kept up with technology. im not sure its so much a technology issue as much as an ideology shift...? (a.k.a robert bork and the "its not co
by andrekandre 4y ago
> Antitrust hasn't kept up with technology.
im not sure its so much a technology issue as much as an ideology shift...?
(a.k.a robert bork and the "its not consumer harm if prices keep going down" school of thought with regard to anti-trust)
- blagie 4y agoIt's very much technology. With Standard Oil, prices didn't go down, except in the very short term. Monopoly can seek out higher profits once monopoly is obtained. The pricing of LinkedIn, of dating web sites (almost all now owned by match.com), and of many other services is astronomically high, mostly because they can.
- andrekandre 4y ago> many other services is astronomically high, mostly because they can interesting... i guess i never thought about that because of the plethora of "free" services out there, but for payed options i guess maybe you have a point ^^)