Re:The Amazon Empire Strikes Back
by Spooky23 on Monday December 06, 2021 @08:26AM
(#29459429)
The legal theories around corporate regulation started changing in the 1970s and are now the philosophy of “conservative” attorneys almost universally.
In short, if a series of actions doesn’t raise retail prices, it’s fine. Walmart beat the drum of “Made in the USA” and “Low Prices” until it didn’t matter anymore. Amazon arose during the era of impotent regulators, and just had to rope a dope Wall Street that it would someday somehow turn massive capital investment into cash.
Despite the economic engine unleashed by anti-trust actions like the breakup of AT&T and to a lesser extent standard oil, we probably won’t see significant changes for 30 years or more when demographic shifts and the cohorts of judges, etc running the show now fade away.
In short, if a series of actions doesn’t raise retail prices, it’s fine. Walmart beat the drum of “Made in the USA” and “Low Prices” until it didn’t matter anymore. Amazon arose during the era of impotent regulators, and just had to rope a dope Wall Street that it would someday somehow turn massive capital investment into cash.
Despite the economic engine unleashed by anti-trust actions like the breakup of AT&T and to a lesser extent standard oil, we probably won’t see significant changes for 30 years or more when demographic shifts and the cohorts of judges, etc running the show now fade away.