So make laws to prevent monopoly, rather than making size/employee count based.
> So make laws to prevent monopoly, rather than making size/employee count based.
Yes. That's generally what "no billionaires" policies are focused on. But "market power" is still a useful consideration.
Re:Billionaires Build
by fistfucker3000 on Saturday December 05, 2020 @01:18PM
(#25316817)
You would be some sort of metrics to say when something has become a monopoly wouldn't you? Why can't company size be such a metric?
Limits are hardly arbitrary. If you control a large enough chunk of economic output that your decisions have distortionary effects on other markets and people it’s not an “arbitrary” standard that this should be disallowed. I assume everyone on HN would be pretty pro something like net neutrality to constrain gatekeepers from carving a slice out of all business done on the internet for themselves on these grounds. But, for some reason, people seem to have trouble connecting how the same logic applies to distortionary control over the media or something like urban transit.