Re:US proposes barring tech companies from offering financia...
by inlined on Thursday July 25, 2019 @01:14PM
(#20527314)
The argument that vertical integration harms consumers typically follows that vertical integration lowers competition and choice by either coercive means (e.g. block pricing by Hollywood studios) or by undercutting competitors only until they go out of business.
I don’t think banning vertical expansion is a very good idea. It’s worse for consumers because you’re taking all of the extra efficiency gains out of the market by eliminating the friction between layers.