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by oldgradstudent 1205 days ago
Yes. Or at least join the queue.

It it turns out, as almost everyone suspects, that Adobe is buying Figma not because Figma will be a source of revenue, but mainly to prevent competition, then it's a clear violation of the Sherman antitrust act and should be punished accordingly.

Before then in the front of the queue should be companies like Uber whose entire business plan was dumping to destroy the existing taxi industry, and then have the monopoly power to raise prices.

That's a pure monopoly play.

1 comments

I think the bar for criminal prosecution is much higher than than "everyone suspects." It needs to be beyond a reasonable doubt, which I think is a harder case to make. You'd need documented evidence that that was the goal. Otherwise, I think it would be pretty easy for lawyers to create some level of doubt. I doubt the justice department could win that in a court of law.
The main obstacle is the will to enforce the law.

In the Silicon Valley wage suppression cartel, there were tons of evidence, including evidence that indicated intent, and awareness of the illegality.

Eric Schmidt, Google CEO, even wrote stuff like:

> I would prefer that Omid do it verbally since I don’t want to create a paper trail over which we can be sued later?

All they got was a measly fine.

Obama DOJ had no will to criminally prosecute even with ample evidence.