Amazon Jumps into Freight Brokerage

Re:Amazon Jumps into Freight Brokerage by duxup on Friday May 17, 2019 @03:48PM (#19942926)

>as long as people continue to get the lowest prices from them.

I don't really think that's the breakpoint as to if something gets broken up or not.

[ Parent | on HN ]

Re:Amazon Jumps into Freight Brokerage by lukejduncan on Friday May 17, 2019 @03:56PM (#19942981)

Currently, it's actually the definition of when something gets broken up or not. Anitrust today focuses on consumer wealthfare and not corporate power. However, there are some politicians like Elizabeth Warren who are argueing to change that criteria. This is often referred to as "Hipster Antitrust"

https://en.wikipedia.org/wiki/Hipster_Antitrust

For a great series on the history of anti-trust and the current debates on its application to tech companies check out this short Planet Money Series:

Antitrust 1: Standard Oil https://www.npr.org/sections/money/2019/02/15/695131832/anti...

Antitrust 2: The Paradox https://www.npr.org/sections/money/2019/02/20/696342011/anti...

Antitrust 3: Big Tech https://www.npr.org/sections/money/2019/02/22/697170790/anti...

[ Parent | on HN ]

Re:Amazon Jumps into Freight Brokerage by notfromhere on Friday May 17, 2019 @03:59PM (#19943007)

Hipster Antitrust is basically how antitrust used to function before Bork. Just about the same time when income inequality really started to accelerate

[ Parent | on HN ]

Re:Amazon Jumps into Freight Brokerage by lukejduncan on Friday May 17, 2019 @04:09PM (#19943100)

Yeah I thought that was super interesting. The podcast covers that too.

[ Parent | on HN ]