3 ms·
> make markets less efficient and less responsive to innovation I wish we didn't force capital to do things like that. Then it can run wild with Mandatory arb
by ClumsyPilot 2y ago
> make markets less efficient and less responsive to innovation
I wish we didn't force capital to do things like that.
Then it can run wild with Mandatory arbitration which bars access to the justice system, algorithmic manipulation of prices for rents / real-estate (1) and installing spyware on the customer's computers (2) and MITM attacks of your communication (3). They are all free market innovations. Very efficient at doing the wrong thing.
1 - https://rentalhousingjournal.com/fbi-searches-property-management-company-in-rent-price-fixing-investigation/ https://rentalhousingjournal.com/fbi-searches-property-manag...
2 - https://www.pcmag.com/news/hp-accused-of-quietly-installing-spyware-on-windows-pcs https://www.pcmag.com/news/hp-accused-of-quietly-installing-...
3 - https://techcrunch.com/2024/03/26/facebook-secret-project-snooped-snapchat-user-traffic/?guccounter=1 https://techcrunch.com/2024/03/26/facebook-secret-project-sn...