Re:Shopify Files Lawsuit over Illegal DMCA Takedown Abuse
by mlrtime on Tuesday October 24, 2023 @06:54AM
(#37997222)
You raise a interesting point that is lost on a lot of anti wall street folks. Imagine if consumer products had Reg NMS.
No matter where you go and buy a fungible consumer product (SKU), the retailer was regulated by law to give you the best price available anywhere in the world at that exact microsecond.
1. Platforms could detect they're sellng the same piece of good and automatically sort by price
2. There's no material difference between vendors other than pricing and offering, e.g. in customer service
3. vicious anti-competitive behaviour like those illustrated here are heavily regulated
When all these are true the vendors that survive would be ones that offer the best price among those who offer goods of the same level of crappiness.