Comment by IG_Semmelweiss
7 months ago
theres antitrust for that .
unfortunately, founders never envisioned a congress of career politicians, who would shy away from their duty to actually draft complete laws and enforce them , because politicians want to be friends with everyone.
Lack of term limits, lack of randomness, lack of income caps in government (and post government!), have eroded a sense of duty in our congressional leaders , and have gotten us a congress that is solely in it for its enrichment at the expense of the voters
Antitrust is a bandaid fix and a last resort. By far the majority of monopolies are created by government regulation in the first place.
I dont disagree at all.
BUT parent was asking for a government solution to the problem of monopolies. I was merely pointing out that government solution already exists.
And as you rightly point out, persistent monopolies are a government-created problem.
No there isn't. The first even slightly aggressive antitrust action in 25 years convinced silicon valley elites to sell out their friends, neighbors, and coworkers.