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In what way does anti-trust apply? How is Twitter a monopoly?
by carlivar 4y ago
In what way does anti-trust apply? How is Twitter a monopoly?
- bee_rider 4y agoI’m not sure whether this actually falls under anti-trust. But you should know they anti-trust laws cover things other than monopolies. I’m sure you weren’t trying to, but switching from anti-trust to monopoly is a pretty common and easy to spot move of the goal-posts. https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/antitrust-laws https://www.ftc.gov/advice-guidance/competition-guidance/gui... https://www.ftc.gov/enforcement/anticompetitive-practices https://www.ftc.gov/enforcement/anticompetitive-practices
- carlivar 4y agoAhh good to know. I definitely equated "anti-trust" with monopoly. I agree it is anti-competitive.
- Robin_Message 4y agoQuoting the FTC https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/antitrust-laws https://www.ftc.gov/advice-guidance/competition-guidance/gui... : "[...] antitrust laws have had the same basic objective: to protect the process of competition for the benefit of consumers, making sure there are strong incentives for businesses to operate efficiently, keep prices down, and keep quality up." A monopoly that abuses its power is one example of anti-trust; it is not the definition.