4 ms·
what exactly would you change when you say increase antitrust ?
by IG_Semmelweiss 3y ago
what exactly would you change when you say increase antitrust ?
- stubybubs 3y agoProbably actually _do_ what most people think of antitrust, which probably means undoing the Bork-influenced "immediate consumer welfare only" interpretation of the law. Cory Doctorow has a lot to say about this in Chokepoint Capitalism. That book mainly talks about the big tech aspect of it, but it explains things like chickenization, which is total vertical and horizontal integration of a business, and how it's basically oligopolies all around in the US. It's easy to essentially collude without directly contacting your competitors if there are only 3 companies in a particular industry. You raise prices, and the other two raise in sync, because consumers have no other place to go.
- ramraj07 3y agoUpdate antitrust regulation for modern times and close loopholes; actually break up effective monopolies. Especially in the essential services sectors.