Re:Facebook's seized files published by MPs
by int_19h on Wednesday December 05, 2018 @05:44PM
(#18613481)
Large companies aren't bad just because they tend to monopolize the market they operate in. They can also lobby far more effectively, then there's the issue of the job market competitiveness etc.
Re:Facebook's seized files published by MPs
by netcan on Wednesday December 05, 2018 @12:40PM
(#18610501)
In theory and on paper.... Making that into a functional legal system, hasn't happened.
In any case, half my point is that pricing power is not the operative definition of market power anymore. If xonmobile can/do have all sorts of influence on governments, job markets and such. They can do tax stuff a restraint can't.
What I am proposing is that the definition of a monopoly is not useable, for policy. It's fine as an economic & academic concept, not as a legal one.
Other factors matter far more than size.