4 ms·
This is just how antitrust works. The regulator defines a market, usually fairly reasonably, but sometimes incorrectly. Then the regulator points out you have m
by snapplebobapple 2y ago
This is just how antitrust works. The regulator defines a market, usually fairly reasonably, but sometimes incorrectly. Then the regulator points out you have massive market concentration and tries to do something about it. Then the company(ies) that hold that market power lie out their arse/otherwise creatively redefine the market so it looks like it's under a threshold that would require action. Then this goes round and round in the courts for years until someone gets fined, the regulator goes away and the guy who was leading the charge at the regulator gets a cushy job at the big co or related co or starts a law firm specializing in fighting against what he was previously fighting for.