| ▲ | matthest 6 days ago | ||||||||||||||||
First, let me say I'm glad the FTC is going after monopolies. True capitalism requires competition, not massive corporations. That said, I feel like going after Big Tech is a massive misuse of resources. Not because it's not a monopoly (it is), but because there's a far more important monopoly that should be broken up: healthcare insurance. Something like 7 corporations dominate 70% of the healthcare insurance market. The AMA had a study last year that concluded these insurance companies are charging monopoly pricing. This is why Americans are paying astronomical prices for healthcare. This is IMO by far the most pressing issue. Yet the FTC is seemingly spending all its time going after Big Tech, which has a comparatively lower impact on the quality of everyday Americans' lives. | |||||||||||||||||
| ▲ | Nemo_bis 5 days ago | parent | next [-] | ||||||||||||||||
The FTC had started many cases on the healthcare front. https://www.ftc.gov/news-events/news/press-releases/2023/12/... If you want to see more, get Lina Khan to be chair again! | |||||||||||||||||
| ▲ | liveoneggs 6 days ago | parent | prev | next [-] | ||||||||||||||||
health insurance is a legally-sanctioned cartel that should be eliminated entirely | |||||||||||||||||
| ▲ | fallingknife 6 days ago | parent | prev | next [-] | ||||||||||||||||
I don't really see how that's possible. They are prevented by law from charging more than 25% on top of what they pay out to medical providers. The problem is the providers who are represented by the AMA. | |||||||||||||||||
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| ▲ | smj-edison 6 days ago | parent | prev [-] | ||||||||||||||||
Or Visa and MasterCard... | |||||||||||||||||
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