Comment by thefounder
3 days ago
What does it sound so familiar with some US business models? I mean all the big tech does exactly that plus Uber (if you call it a tech company)
3 days ago
What does it sound so familiar with some US business models? I mean all the big tech does exactly that plus Uber (if you call it a tech company)
Yes, and this used to be illegal anticompetitive behavior until Reagan eliminated a ton of antitrust laws. So I don’t think saying “but uber and google and Microsoft do it so it’s ok” is persuasive. Free markets require competition so regulation that ensures competition is essential for the free market to function. Free trade requires the same function. We lack both and are seeing the effects of monopolies and anticompetitive behavior.