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What do you think innovators will feel when they see the government breaking up a private company? Do you think they’ll be more or less motivated to create one
by nickpp 2y ago
What do you think innovators will feel when they see the government breaking up a private company? Do you think they’ll be more or less motivated to create one to meet the same fate down the road in the unlikely case of success, after immeasurable difficulties and struggle?
Ever heard of second order effects and chilling effect of regulation?
- Apocryphon 2y ago"More room for us to grow."
- nickpp 2y agoGrow - why?! So we can be the next company squished by the bureaucrats?
- deleted 2y ago[deleted]
- Apocryphon 2y agoThe next company to devise new ways to outwit antitrust action via loophole legalities devised by their armies of lawyers funded by all of the money they've made operating in the competitive space cleared out by antitrust action.
- nickpp 2y ago> armies of lawyers Which no startups have. So, antitrust favors incumbents, of course. > money they've made operating in the competitive space cleared out Again, not startups. It’s incumbents that take advantage of opportunities like that.
- Apocryphon 2y agoStartups do not have to worry about such issues until they themselves become incumbents, which they do after the previous incumbents were brought low by antitrust action.
- nickpp 2y ago> they themselves become incumbents […] after the previous incumbents were brought low by antitrust action Haha, you’ve never built a startup have you? Try it and let me know how easy it is to become incumbent. :)
- Apocryphon 2y agoAntitrust solves this
- nickpp 2y agoNo, it doesn’t. Besides, a vicious cycle in which antitrust creates monopolies to only take them down later is a nightmare for consumers.
- Apocryphon 2y agoSeems to have worked out okay in tech, because we have the benefit of technological progress. WinTel dominance is moot because smartphone is the name of the game, and MS was unable to execute. The Mac and Linux were also able to catch up in the meantime, even though Windows is still numerically dominant on desktop.