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> In what hypothetical world are these not the exact same thing? A world with laws against monopolies, anti-competitive practices, and media ownership concentr
by like_any_other 1y ago
> In what hypothetical world are these not the exact same thing?
A world with laws against monopolies, anti-competitive practices, and media ownership concentration. Not all uses of power are equivalent.
Standard Oil wasn't tamed by taking money from its owner. In fact, even if ownership over the company was dispersed among 10x as many shareholders as before, so long as the company can continue to act as a single entity, the abuse of its monopoly would continue.
- fsflover 1y agoEnforcing such laws becomes practically impossible when the monopoly becomes wealthier than many countries. Case in point: this court decision. Why do you think it happened? Probably because Google is too wealthy.