| ▲ | zdragnar 9 hours ago | |||||||
> Companies can be bought and sold but not if it creates concentrations of economic power that allow them to dictate prices to vendors or customers. The policy in question (as stated) should have prevented Ma Bell and Standard Oil from getting to the point of being broken up. | ||||||||
| ▲ | asolove 9 hours ago | parent [-] | |||||||
1. If you are proposing something even stricter than previous antitrust rules, great. But getting back to antitrust itself is actionable is step 1. 2. You don’t have to prevent every case before it happens so much as just stochastically go after the worst ones to make it less economical for people to go take on debt to have huge swaths of consolidation. Letting the market work, after pricing in that egregious monopolies will be broken up, is kinda great and better than minutely scrutinizing every tiny deal for long-term consequences. | ||||||||
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