4 ms·
I agree with you that companies are profit-maximising machines. And regulations set the framework into which companies can optimise. The problem we have with q
by palata 1y ago
I agree with you that companies are profit-maximising machines. And regulations set the framework into which companies can optimise.
The problem we have with quasi-monopolies is that they have too much power and don't have to care about regulations.
> Suing them is the right way to fix those behaviors.
The problem is that it doesn't work. I am still waiting for Apple or one of the other TooBigTech to get a fine that really, actually hurts. But nobody will do that: the US like monopolies (as long as they are US companies of course) and others (like the EU) don't dare regulating US companies because... well because the US governement won't accept it.