2 ms·
Antitrust law is intended to do this. The general algorithm is: - Company engages in unlawful anticompetitive behavior to drive competitors out-of-business -
by blagie 2y ago
Antitrust law is intended to do this. The general algorithm is:
- Company engages in unlawful anticompetitive behavior to drive competitors out-of-business
- A few years later, the FTC starts an investigation
- Competitors go out-of-business
- A few years later, the FTC possibly delivers a slap-on-the-wrist or possibly nothing at all
Microsoft played this game for many years in the eighties and nineties before there were any more serious consequences. They eventually came, but on the whole, Microsoft won big-time on anticompetitive behavior.
- fragmede 2y agoAnd of course, it's only what the FTC can find out about, and their jurisdiction doesn't extend into China, so Apple gets away with a lot of shit that they wouldn't otherwise.
- blagie 2y agoSerious question: What anticompetitive practices do you see Apple engaging in? Especially in China? I haven't heard of Apple doing much bad there; the only antitrust I've heard of were the issues around the app store, payments, etc. That's a statement about me and not about Apple. I'm genuinely curious.
- sidewndr46 2y agoYou forgot "company has to super duper swear they won't do it again and issue a public statement about it"