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by toomuchtodo 410 days ago
> "Antitrust" is just lawyer-talk for winning strategies that we later arbitrarily decide is not good for capitalism.

“I don’t like the law and its application” isn’t an argument.

1 comments

These aren't like the laws of physics, there's obviously a lot of post hoc interpretation that happens.
The meaning of “antitrust” is very clearly defined. You’re allowed not to like it or to think that laws against it should be struck down, or whatever, but you can’t say it’s something it’s not.
Is it? IANAL, but it seems like the concept is actually quite ambiguously defined[1], by design.

[1] https://www.ftc.gov/advice-guidance/competition-guidance/gui...

Certainly, when a law that wasn’t applied begins to be applied again, I can see certain mental models taking issue with that. Regardless, the law and its historical application and consequences didn’t change, only a politically driven low enforcement period. That was the anomaly.
There are models that are close enough.

If you allow one company to achieve market dominance, it suffocates the ecosystem and stifles evolutionary growth pressures. It's concentrated malinvestment into a local maxima that salts the playing field so thoroughly that escape velocity is unattainable by anyone else.

There are models of this. And historical anecdotes and evidence.