2 ms·
my apologies, english is not my first language, so sometimes my choice of words is not in line with that of native speakers. i think we actually agree. what i c
by em-bee 2y ago
my apologies, english is not my first language, so sometimes my choice of words is not in line with that of native speakers. i think we actually agree. what i call surplus you correctly identify as allocation. and i also agree that the manner of how that allocation was achieved matters more than the amount. but, as you say, market power abuses need to be mitigated, and these are enabled even if the power was gained without coercion. an accidental monopoly is still a monopoly and needs to be stopped if that power is abused.
i disagree that doing this globally would be a disaster. but maybe we need to flesh out more what we actually mean by that. i have a sense that in the end we will find an agreement.
monopoly power and market abuse is a problem everywhere. i have lived in many countries and i have seen the same patterns repeat over and over again. yes. different governments should have the freedom to try different approaches. my point is, that we need to agree globally that market power abuse and anticompetitive behavior is a problem and needs to be stopped everywhere, and so no country may create a safe haven to enable those companies to continue their behavior.