Re:Calling for Antitrust Reform
by judge2020 on Thursday June 16, 2022 @09:47PM
(#31773200)
Monopolies might be harmful in that sense, but the issue is that monopolies tend to happen naturally as a company grows and expands into a national corporation, which is the most textbook definition of capitalism and the american dream. In general antitrust laws are meant to 'allow' competitors to exist should a new competitor attempt to challenge the incumbents, but they're not an attempt at forcing competition by hurting those incumbents.
[ Parent
| on HN ]
> happen naturally as a company grows
It happens because (especially but not only the US) economics system is designed to feature monopolies as it's a efficient tool to economically suppress/control other countries.
And as far as I know some of this laws where meant to force competition. It's just lobbyist have effectively defused/removed/reinterpreted them.