Remix.run Logo
xp84 6 hours ago

Idk. Our antitrust laws present a high burden of proof and so much subjectivity. The question “Are customers really being hurt?” has to be argued in court (and then argued on appeal at like 3 levels). I think it harms our whole market system, and arguably even harms the capitalist system, to have players with so much power, and the antitrust laws are focused narrowly on proving specific harm mainly in the area of pricing, which isn’t the whole picture.

Too many markets are utterly dominated by one or two big players. I know it’s a tricky problem because market share is hard to define (Does Amazon have 80% share of e-commerce? Or 30% share of all retail?) but I think we would be better off if there were a more aggressive set of rules about anti-competitive behavior that automatically applied to these huge firms, which didn’t rely so much on subjective judgment.