this post was submitted on 27 Jul 2023
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Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one::undefined

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[–] mean_bean279@lemmy.world 11 points 1 year ago (1 children)

While I am with you on the frustration, I think it’s important to understand why we got to this point. A ton of those anti-trust rules and laws were written a century ago and were around steel, oil and rail. Industries that provided physical good and services to the country. Tech has been able to skirt all of this as the rules were never written for them. Hopefully we see updates to our anti-trust rules and update accordingly. I’d love to take down Amazon, but I also want to prevent others from getting that big ever again.

[–] dylanmorgan 12 points 1 year ago (1 children)

I think it has a lot more to do with the US antitrust doctrine being focused on “consumer welfare” for the last 40 years. Robert Bork argued that monopolies were not inherently problematic, and that antitrust should only go after “bad” monopolies (which he argued could not survive for long.) Khan has explicitly rejected that doctrine.

https://www.wbur.org/onpoint/2022/02/17/more-than-money-antitrust-monopolies-are-defined-from-bork-to-khan#

[–] Whirlybird@aussie.zone 0 points 1 year ago* (last edited 1 year ago)

Khan has her priorities and ideologies all wrong though. She just wants to break up all big companies because...........she thinks they shouldn't be that big. No actual reasons behind it, just she thinks they shouldn't be that big.

Her appointment was 100% a political one, which is why it has turned out so badly. They need to fire her. She could even be disbarred as she hasn't even kept her lawyer status up to date and it's currently suspended basically.