Re:More startups should take on monopolies
by AndrewKemendo on Sunday March 03, 2024 @10:22AM
(#39581377)
I think it’s really just garden variety Regulatory Capture that’s now just endemic
The problem is congressman all want to get rich now, and Congress is a path to riches, whereas it was not always so directly the case
If anything defines the current epoch it is "post-legal".
For example, massive fines, now in the billions of dollars, pay superficial lip-service to laws, but for mega-corps are simply the cost of doing business.
The irony of course is that giant monopolies exist only because the protection the rule of law bestows allows that. They are _very_ vulnerable. If we interpret "take on monopolies" using their own rules, they'd be hacked off the grid in weeks if not days.