Re:Facebook Incubated the Insurrection
by x86_64Ubuntu on Thursday January 14, 2021 @12:01PM
(#25778836)
>...Anti-trust laws, which have absolutely no teeth since the 80s (and every then...), are not incompatible with free market capitalism.
That's the first time I've ever heard that. Generally, libertarians will state that the existence of monopolies is an outcome of government intervention.
This is a strawman of free market advocates. SOME monopolies are the outcomes of government intervention.
It is not. The “free market argument” does not account for entrenched monopolies who buy up - or shut down -competitors long before they can become threats.
Anti-trust laws, which have absolutely no teeth since the 80s (and every then...), are not incompatible with free market capitalism.