4 ms·
It's not illegal to have a monopoly. From the FTC: https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct https://www
by ThatPlayer 4y ago
It's not illegal to have a monopoly. From the FTC: https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct https://www.ftc.gov/advice-guidance/competition-guidance/gui...
> it is not illegal for a company to have a monopoly, to charge "high prices," or to try to achieve a monopoly position by what might be viewed by some as particularly aggressive methods. The law is violated only if the company tries to maintain or acquire a monopoly through unreasonable methods.
- 93po 4y agoI wish unreasonable methods included taking away the value of someone else's labor
- Nasrudith 4y agoThen basically damn everything qualifies, unless management and the business decides for some deranged reason to work for free any business would qualify. Hell, so would working in the same field because it lowers the value of the labor by competition. Neither assumption is what could be called reasonable.
- 93po 4y agoEmployee owned businesses are a thing. Management still gets paid. They all profit equally.