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The way to fairly attempt ending a monopoly is not by quelling the power of the monopoly but by removing hurdles for new businesses to start. Then again a monop
by dennis_jeeves2 2y ago
The way to fairly attempt ending a monopoly is not by quelling the power of the monopoly but by removing hurdles for new businesses to start. Then again a monopoly is not always bad if they provide the best product/service.
Somebody many years ago mentioned on HN that a startup wanted to start a bank. After several years of dealing with the bureaucracy for approval they gave up.
- willj 2y agoI think this ignores that the monopolies have the power to buy up any new competitors, or to drive them out of business using monopoly power. Regulatory hurdles are only one tool that (can) benefit monopolies.
- yathaid 2y agoThis is such a laughably naive view. The documents in court __show__ that even microsoft could not move Google out of Apple's defaults. But sure, "removing hurdles for new businesses to start" will obviously solve this.
- dennis_jeeves2 2y agoSo hire a thug to kill another thug, what could go wrong?