4 ms·
Perhaps it's also time for a new generation of antitrust protections with our newer, expanded understanding about how companies undermine competition: oligpolie
by makmanalp 2y ago
Perhaps it's also time for a new generation of antitrust protections with our newer, expanded understanding about how companies undermine competition: oligpolies that are technically not monopolies, price collusion (rather than explicit price fixing), undercutting to extreme levels to put others out of business, SLAPP lawsuits, etc. If we're going insist on a "free market", then a highly competitive market is in our best interest.
- scoofy 2y agoI've been very critical of the Biden reelection campaign, but the thing that has put me at ease is the FTC going full tilt after very obviously anti-competitive behavior.
- antisthenes 2y agoIs it full-tilt or is it just enough of measures to get through election season and then it's business as usual? I don't see any FAANGs being broken up by antitrust, even though that point has been well overdue for nearly a decade. It honestly should have been done ever since those CEO emails about poaching talent came out. Meanwhile they're grifting on collecting information from the entire population of North America, amassing untold wealth and influence.
- deleted 2y ago[deleted]
- int_19h 2y agoPerhaps it's time to just admit that monopolies are the inevitable end result of capitalism, its natural state - and all attempts at anti-trust are basically treating the symptoms rather than the disease.