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Google can keep its Chrome browser but will be barred from exclusive contracts

(www.cnbc.com)
858 points colesantiago | 1 comments | 02 Sep 25 20:26 UTC | HN request time: 0s | source
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stefan_ ◴[02 Sep 25 20:49 UTC] No.45108847[source]▶
When the stock pops 10% on the announcement you got your antitrust enforcement wrong.
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xyzzy9563 ◴[02 Sep 25 20:56 UTC] No.45108934[source]▶
Do you think it's better if all companies with competitive moats have a collapse in share price? I'm not really understanding what you're implying here.
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stefan_ ◴[02 Sep 25 21:02 UTC] No.45109001[source]▶
I don't understand. The court has ruled this already a year ago:

> Google is a monopolist, and it has acted as one to maintain its monopoly

What should be the effect of antitrust enforcement to a monopolists share price? We are looking at something structural after all.

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xyzzy9563 ◴[02 Sep 25 21:07 UTC] No.45109067[source]▶
Why should shareholders have to suffer just because the Google engineers were good at their job?
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solardev ◴[02 Sep 25 21:10 UTC] No.45109108[source]▶
Because the overall well-being of a society is supposedly more important than a few shareholders' wealth?
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xyzzy9563 ◴[02 Sep 25 21:23 UTC] No.45109239[source]▶
Do you know of any societies in the world that have a high quality of life but don’t have wealthy shareholders?
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1. solardev ◴[02 Sep 25 21:56 UTC] No.45109635[source]▶
They're not mutually exclusive? Especially with antitrust, where the whole point is to enable a healthier marketplace such that all shareholders of Google's competitors can also benefit (not to mention users).

It's not that high-QoL societies cannot have shareholders, it's that the stock market shouldn't take precedence over laws and regulations and anti-trust enforcement.