Re:Senate panel approves antitrust bill restricting big tech...
by dereg on Thursday January 20, 2022 @05:21PM
(#30016030)
What's your desired outcome of a program like this? The purpose of antitrust is to encourage competition for the benefit of consumers. Improving competition is a necessary, but not sufficient outcome. Creating competition for competition's sake, irrespective of the consumer effect, is against the spirit of antitrust.
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Re:Senate panel approves antitrust bill restricting big tech...
by endisneigh on Thursday January 20, 2022 @05:23PM
(#30016061)
I think competition for competition's sake is good. Historically and inherently it will ultimately result in better outcomes for consumers as ultimately that's the purpose of all companies - providing goods and services.
Re:Senate panel approves antitrust bill restricting big tech...
by Jcowell on Friday January 21, 2022 @03:05AM
(#30020567)
No , Competition should not be for competition sake but for the benefit of the consumer. If competition results in worse conditions for the consumer it should be eliminated. Especially in the tech space where things such as security is sometimes compromised for the sake of competition
Re:Senate panel approves antitrust bill restricting big tech...
by endisneigh on Friday January 21, 2022 @06:11AM
(#30021969)
How exactly would competition not inherently help the consumers?