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by bobxmax
410 days ago
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"Antitrust" is just lawyer-talk for winning strategies that we later arbitrarily decide is not good for capitalism. They weren't a bunch of gremlins in a cave conspiring to commit "anti-trust violations" in 2005. They were smart as hell and invested in the right areas. Microsoft would get hit with the same anti-trust Google is being hit with if Bing and Windows Phone were successful - they're getting away with it because they're terrible. |
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Inefficient markets are bad for humans and are bad markets. The allocate resources inefficiently. The google graveyard is (arguably) a case in point.
The reason Khan reached the FTC was because her thesis at college, made the case that amazon’s actions reduced customer welfare. A fact that was covered here, on HN. This isn’t something a community notices unless it matters to them.