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by fortenforge
1835 days ago
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What? The whole point of "Amazon's Antitrust Paradox" is that we should abandon the "consumer welfare" standard. Meaning that we should gut Amazon even though it provides enormous benefits to consumers in the form of low prices. Lina Khan may represent the interests of Amazon's competitors, but she certainly doesn't represent the interests of consumers. |
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And what's really crazy is: Competition tends to force companies to compete on treating consumers well. Protecting competing businesses protects consumer welfare pretty darn well, and it provides room for innovation which stagnates when a single company dominates a field.