| ▲ | doctorpangloss 4 hours ago | |||||||
> Let’s get into specifics. By far the most important and successful action the FTC took was in 2021, when the commission blocked the merger between AI chipmaker Nvidia and Arm. That set the stage for the growth of both companies, who could focus on their lines of business instead of a cumbersome set of turf wars that accompany mergers. Today, for better or worse, Nvidia is the biggest company in the world by market capitalization, the engine of the AI revolution. The FTC has nothing to do with NVIDIA's market capitalization. Literally nobody cares about antitrust except antitrust lawyers. Why? Not because of some conspiracy. There might be a lot of laws on the books, but antitrust is not one of them. The antitrust act is one paragraph long. It is one of the most toxic examples of insufficiency from Congress. So everything in this article about, this is illegal, that is illegal, whatever... it's a matter of opinion. Sherman Antitrust Act is one paragraph long! | ||||||||
| ▲ | tclancy 4 hours ago | parent [-] | |||||||
>Literally nobody cares about antitrust except antitrust lawyers. I can't tell if you're playing a character here based on your username or something sadder. Breaking up trusts and monopolies was still seen as an important thing up until Silicon Valley in the 2000s started generating copy about how that may be dated thinking for Internet-native companies. Look how well that's worked out. | ||||||||
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