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by tbran
1251 days ago
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From what I gather from reading Matt Stoller's newsletter on monopolies, there has been little meaningful enforcement of antitrust for a very long time. Did you know there's a huge cheerleading monopoly [0]? There is essentially one company that runs the competitions, sells the uniforms, and sells the equipment. A quote from the article: > The most interesting aspect of this case are not the legal arrangements, but the fear that I found in interviewing people in the cheer world. Virtually every interview I did was under the condition that the person remain anonymous for fear of retribution. Often people would email me saying that I had no idea the depths of the scandals in the sport. How about monopolies in port-a-potties and MMA? [1] The alternative seems to be that you do...nothing? And just let them keep consolidating a market? That can't be good. Antitrust needs enforcement so that we can have competition. [0]: https://mattstoller.substack.com/p/this-is-not-a-democracy-i...
[1]: https://mattstoller.substack.com/p/a-land-of-monopolists-fro... |
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