| Having a Monopoly != Anti-Competitive. Having Barriers to Entry != Anti-competitive Yes, large players have advantages of Economies of Scale. Just because you can't run an Airline because you don't have money to buy an Airplane isn't anti-competitive. Today Microsoft, Apple, OpenAI, Google, Amazon all can afford those piddly $60m to license from reddit. Not Anti-competitive at all. But saddened by how much corporate-hate by HNers destroys their credibility in debating these thing. Go ahead downvote |
"Because barriers to entry protect incumbent firms and restrict competition in a market, they can contribute to distortionary prices and are therefore most important when discussing antitrust policy."
Antitrust policy then links to a page on competition law: "Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies." [0]
So yes, I'd downvote you if I could, but HN doesn't allow downvotes - which is honestly pretty fitting in the context of this conversation.
[0] - https://en.wikipedia.org/wiki/Competition_law