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They aren't free. Noticed all the oligopolies around lately?
by Ancalagon 2y ago
They aren't free. Noticed all the oligopolies around lately?
- fatbird 2y agoDo you think Bezos has it in mind to take on those oligoplies when he changes the editorial focus to promoting free markets?
- ayjay_t 2y agoIt's not the worst reach
- UncleMeat 2y agoTo Bezos, "free markets" is a world where Amazon is free to monopolize however it wants without interference. It is one where people like Lina Khan are imprisoned or shot rather than placed in positions of power. What consumers want is a competitive market with many choices that pushes down prices and forces companies to innovate. What Bezos wants is to crush everybody else.
- pylotlight 2y agoLately? When was it not like that?
- PaulHoule 2y agoFrom 1932 to 1980 or so the government tried to break up big monopolies to encourage competition, both parties pretty much agreed not to do that (there are some real benefits to consolidation) until the last 8 year or so because monopoly power is getting extreme. See https://www.thebignewsletter.com/ https://www.thebignewsletter.com/
- tacticus 2y agopartly because of astroturfing about "benevolent" monopolies that was pushed on to judges and politicians
- inejge 2y agoFrom 1932 to 1980 or so the government tried to break up big monopolies to encourage competition Starting with FDR and ending with Reagan? I think that the history of US antitrust is more complicated. The first round of trust busting (Sherman Act, Standard Oil) was a generation before FDR, and the period you've highlighted had two great monopolies, AT&T and IBM. I agree that the policy had been pretty much hands off between Microsoft and big tech.
- PaulHoule 2y agoYou're right about the chronology, it did start around 1900 or so.