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33 points almost-exactly | 1 comments | | HN request time: 0.204s | source
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Nevermark ◴[] No.44405171[source]
I don’t think antitrust is defying the wishes of the rich (law of gravity).

The rich in general have had enough of these gatekeepers. Epic Games has had it up to here!

The hyper dominance of some tech companies is making many billionaires uncomfortable.

On the glass is half full news: once again, the regular citizen wins big! … when their concerns happen to coincide with the powerful.

replies(1): >>44405272 #
api ◴[] No.44405272[source]
Also if you look historically antitrust often un-locks markets and opens them to venture investment. To some extent having a market dominated by a couple beached whales is terrible for the investor class.
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1. bigbadfeline ◴[] No.44405901[source]
> antitrust often un-locks markets and opens them to venture investment.

That's true with a caveat that the unlocking isn't for everyone but for specific members of the "investor class".

> To some extent having a market dominated by a couple beached whales is terrible for the investor class.

That's also true with the clarification that there's no homogeneous "investor class", redistribution of assets within that class is what moves the world today.

Also, while a couple of whale spots are definitely not enough for the number of candidates, too many spots are even a bigger threat, so you rarely see antitrust action as a means of opening another spot on the whale beach. Besides, there are other options for doing that, antitrust is the last resort.