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Or—and hear me out here—you could just not conduct your business in such a way that you end up on trial for abusing a dominant market position. It's not like t
by danaris 3y ago
Or—and hear me out here—you could just not conduct your business in such a way that you end up on trial for abusing a dominant market position.
It's not like this is something that loads of companies have faced—this isn't the kind of situation where you can say "but the DoJ brings companies up on trial for this all the time, whether they've clearly got a dominant market position or not!"
The rules are byzantine and complex, but the principle is simple: Compete fairly, rather than trying to eliminate your competition. If you do end up with a dominant market position, by whatever means, don't try to abuse it to keep others out of the market or small within the market.
"But Wall Street" "But muh infinite growth" "But repeatedly-debunked-fiction about fiduciary duty to stockholders" No. You don't have to be a greedy, selfish, narcissistic asshole just to get by.