The whole structure of antitrust regulation is, by negligence or design, weird and weak. #1 Why does there need to be a plaintiff? A trust affects consumers and society broadly detrimentally, not some specific competitor. The competitor google is likely trying to suppress is some theoretical startup anyway, they probably don't exist to sue. #2 Why the focus on specific damages? The specific harm of such a trust are i…
the "market" seems to be betting that these monopolies will persist more or less exactly as they are (see eg the 3 trillion apple valuation that is really an unfathomable number unless you condition that basically the entire US economy will be co-controlled by those entities) so it seems to me that disastrously bad regulation has created self-sustaining monsters. which market worshiping politician would dare burst th…
Reminds me of the "housing affordability" question. If politicians had a magic wand that turns a city with $1m median house prices into a $250k one...