[New post] How Amazon Is a Ripoff | Portside

nemonemini posted: "There's a cheat-code in US antitrust law, one that's been increasingly used since the Reagan administration, when the "consumer welfare" theory ("monopolies are fine, so long as they lower prices") shoved aside the long-established idea that antitrust law" 1848+: The End(s) of History How Amazon Is a Ripoff | Portside nemonemini Nov 11 There's a cheat-code in US antitrust law, one that's been increasingly used since the Reagan administration, when the "consumer welfare" theory ("monopolies are fine, so long as they lower prices") shoved aside the long-established idea that antitrust law existed to prevent monopolies from forming at all. Source: Read more of this post Comment Like You can also reply to this email to leave a comment. Manage your email settings or unsubscribe. Trouble clicking? Copy and paste this URL into your browser: http://redfortyeight.com/2023/11/11/how-amazon-is-a-ripoff-portside/

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