Starting in the neoliberal era - Carter, then Reagan - we changed our tune. We *liked* big business. A business that got big was doing something *right*. It was perverse to shut down our best companies. Instead, we'd simply ban big companies from rigging prices. This was called the "consumer welfare" theory of antitrust. It was a total failure.
5/
Cory Doctorow /
npub1yxz…5qvv
2024-06-05 23:27:06
in reply to nevent1q…wn00
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npub1yxzkmtuyctjw2pffp6e9uvyrkp29hrqra2tm3xp3z9707z06muxsg75qvvPublished at
2024-06-05 23:27:06Event JSON
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