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A comment on JPMorgan to spend $1B on rental homes in the US to become a megalandlord. Parent comment

Re:JPMorgan to spend $1B on rental homes in the US to become... by daveguy on Saturday December 31, 2022 @12:59PM (#34198882)
There should not be megalandlords that can control a significant portion of housing anywhere. "Some people want..." is a lot more theoretical argument than gp. There needs to be limits on the power of landlords. I am curious as to what other countries have done to avoid it. Monopolies are illegal in the US, but it seems difficult to bring anti-trust against landlords.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by seanp2k2 on Saturday December 31, 2022 @03:41PM (#34200517)
>Monopolies are illegal in the US

If Comcast isn’t a monopoly for many in this country, I don’t know what is. Serious question: what are some notable examples of the government taking actual action against monopolies in a meaningful way that made them no longer monopolies?

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Re:JPMorgan to spend $1B on rental homes in the US to become... by rfrec0n on Saturday December 31, 2022 @06:14PM (#34201712)
There are no examples in the past 40 or 50 years. The country is infested with illegal monopolies. At this point there really aren't any industries left that aren't completely dominated by 3 or 4 massive companies. This has even spread to industries which have been historically immune to monopolies for various reasons, such as local news, FM radio, primary care practicianers, hardware stores, textbook publishing, car/heavy equipment mechanics, etc.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by skybrian on Saturday December 31, 2022 @09:25PM (#34202958)
There are regulated monopolies. (For example, power companies.) They aren't illegal.

There are some business practices that are illegal, but the companies themselves are not.

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Re:JPMorgan to spend $1B on rental homes in the US to become... by daveguy on Tuesday January 03, 2023 @10:03AM (#34232216)
That's a good point. There are regulated monopolies. But if a monopoly does not have specific legal endorsement to operate (eg NFL, power company for a region, etc) then it is illegal.
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