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863 points IdealeZahlen | 5 comments | | HN request time: 0.21s | source
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charcircuit ◴[] No.43718438[source]
The market is being unfairly defined based on how things worked decades ago instead of looking at the modern landscape. Tech evolved rapidly and the way things worked decades ago may not be optimal for the end user as things change.
replies(2): >>43718461 #>>43718596 #
seydor ◴[] No.43718461[source]
> how things worked decades ago

you mean, before monopolies?

replies(1): >>43718531 #
1. charcircuit ◴[] No.43718531[source]
Everything is a monopoly if you limit the market enough.
replies(1): >>43718613 #
2. bdcravens ◴[] No.43718613[source]
Monopolies in and of themselves aren't a problem, and aren't illegal. Unfair leverage to prevent competition is.
replies(2): >>43719314 #>>43719735 #
3. charcircuit ◴[] No.43719314[source]
The existence of competition doesn't always make things better. For example forcing middlemen to exist so that there is competition can lead to a worse situation than without middlemen. Direct to consumer is unfair leverage to middlemen, but it can be better for consumers.
replies(1): >>43727074 #
4. CPLX ◴[] No.43719735[source]
This is not correct and a common misconception, on both sides of the argument.

Both monopolies and monopolistic actions are illegal, each alone is enough to be in violation of the law.

5. BlueTemplar ◴[] No.43727074{3}[source]
That's a really weird way to define "competition" ?