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A comment on Calling for Antitrust Reform. Parent comment

Re:Calling for Antitrust Reform by AmericanChopper on Thursday June 16, 2022 @09:44PM (#31773180)
Having 5 companies that actually compete for business wouldn’t harm consumers. Having 5 companies that avoid competition would, and that’s called a cartel and it’s already illegal according to the anti-trust laws (the Sherman and Clayton Acts).
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Re:Calling for Antitrust Reform by dathinab on Friday June 17, 2022 @04:33PM (#31783931)
A cartel is illegal yes, but proving a cartel is dam hard. And depending on jurisdiction requires proving that the companies actually had some "agreement"/"communication" wrt. their non-competing (as far as I remember).

But if you look at markets all around the world having situations with the same harmful dynamics as cartels but for legalities not counting as cartels is not uncommon.

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Re:Calling for Antitrust Reform by J3klin on Friday June 17, 2022 @02:02AM (#31774586)
Oligopoly is only marginally better than monopoly.
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