[AnthonyMouse]

> you probably mean, though, that its not the rulemaking entity with regard to competition, since that’s mostly the FTC.

I actually wasn't aware that they issued rules at all and now that I know that they do I kind of wish they would stop.

Sometimes we separate government functions for a reason.

> Some of our antitrust laws were written in the so-called “age of robber barons”, but antitrust law (even purely statute law) hasn’t been static since.

It's not that Congress hasn't passed a law since then, but I believe they're being accused of violating[0] the Sherman Anti-Trust Act of 1890.

[0] https://www.justice.gov/d9/2023-09/416366.pdf

[dragonwriter]

> It's not that Congress hasn't passed a law since then, but I believe they're being accused of violating[0] the Sherman Anti-Trust Act of 1890.

All three of the “core” anti-trust laws (the Sherman Act, the Clayton Act of 1914, and the FTC Act of 1914) have been amended several times since by later acts. They aren't ancient relics that haven't been reconsidered and adjusted based on experience and changing conditions.

[AnthonyMouse]

I feel like the problem with them is actually the modern courts rather than the old law. These rules were meant to have teeth, but they're also targeting entities that by their nature have power, and then you're consistently going to have trouble with vigorous enforcement being debased through political influence.

What we need is something that prevents market concentration to begin with rather than trying to claw it back once it's already entrenched.

[nickserv]

Consolidation of power has been happening at least since the agricultural revolution 10000 years ago.

Doesn't mean we shouldn't try to limit it, and there have been periods of relative equality. Just that it's always going to be a battle, there isn't something we can do to change this behavior once and for all.

[AnthonyMouse]

There isn't something we can do to make people stop trying to consolidate power, but we can do quite a lot of things to put hurdles in their way, or at least stop actively providing them the tools to do it with.

[AlbertCory]

So you think there's an automatic sunset on all laws? News flash: there isn't.

[AnthonyMouse]

The problem is that it was written to smash trusts to smithereens but has had a century of being eroded by well-funded monopolists with expensive lawyers.

If it was working the way it was supposed to, none of these companies would be this big.