However, I do think there is a lot of money depending on making the situation as complicated as possible — especially in the US.
The fact the EU is managing to progress this type of matter, proves it's possible.
Is it? The European Commission has no theory of a market, just an enemies list. It has never once in court sustained a succinct pitch on how to define a market for antitrust purposes in a way that snares big tech. Once in a while it settles for a fine and everybody moved on.
Catching out these corporations in order to lay a 'charge' shouldn't be necessary, when it's quite clear to most people that their behaviour is stifling competition.
We simply need to implement the necessary legislation to enable a playing field which is able to serve a greater range of players.
“We simply need to implement the necessary legislation” could be said about literally any problem. The EU has this figured out about as much as the U.S. does.
> the EU doesn't rely on litigation to define the economic landscape in the same way that the USA does
The courts have been snubbing the European Commission’s expansive views of antitrust. In part due to a lack of any consistent definition of a market.
I find it maddening to see the corporations run rings around elected governments!
“We simply need to implement the necessary legislation” could be said about literally any problem. The EU has this figured out about as much as the U.S. does.
We’ve looped back to that term. What is an “economic market?” Precisely? In a way that makes the law grounded, predictable and extensible.
I’ve struggled with this, too, by the way. The courts have as well.