Earlier quoted context omitted.
Bork argued that antitrust law shouldn't inherently challenge bigness. He felt that the antitrust should seek to maximize consumer welfare. That's been interpreted by the courts to mean lower prices, but any economist worth their salt will say consumer choice is an aspect of consumer welfare. It doesn't matter if Little Caesars pizza is the cheapest option, if there aren't any other pizza options, consumer welfare is…
> Ruth Bader Ginsburg—despite being lionized by liberals—was an extremely pro-business justice who played a strong role in the Supreme Court siding with businesses in all but one antitrust case I googled this because it seemed interesting. The first two articles I looked up emphasize how little influence she had on anti-trust cases. At her hearing she said "Antitrust … is not my strong suit." It seems like she went a…
U.S. accuses Google of abusing monopoly in ad technology
251–260 of 266 posts
Re: U.S. accuses Google of abusing monopoly in ad technology
#252Re: U.S. accuses Google of abusing monopoly in ad technology
#253Earlier quoted context omitted.
But this new paradigm of antitrust isn’t about if there’s one two or three of something. It’s a more complex form of antitrust. The Amazon antitrust paradox is about how they aren’t a market leader in tons of their product categories but that they can cross leverage advantages between product categories and verticals to create anticompetitiveness. It’s an analysis of the internal structure of the business, not if the…
Aren't we arguing the same point? Or am I missing something?
Re: U.S. accuses Google of abusing monopoly in ad technology
#254Earlier quoted context omitted.
They work in tandem. The FTC shares jurisdiction over federal civil antitrust enforcement with the Department of Justice Antitrust Division. In some consumer protection matters, the FTC appears with, or supports, the U.S. Department of Justice. Biden's FTC appointments are redefining FTC perspective on anti-trust, and DOJ is following suit.
Not on this case, this is from Trump Era. Lina was still a professor.
The lead plaintiff attorney is Jonathan Kanter, his bio has his collaboration and alignment with Khan mentioned twice. https://en.wikipedia.org/wiki/Jonathan_Kanter
Re: U.S. accuses Google of abusing monopoly in ad technology
#255Earlier quoted context omitted.
Aren't we arguing the same point? Or am I missing something?
I am saying the word monopoly IS being misused, but I am not arguing that it is because its actually a duopoly, but it is being used as a substitute word in places better words belong.
Re: U.S. accuses Google of abusing monopoly in ad technology
#256Earlier quoted context omitted.
> Because if they take down the #2 worst offender, that leaves #1 as the default option for consumers, and strengthens #1's position at #2's expense. And yet immediately: > ake down Apple and create more competition, and then I'll have more options and I'll be able to maybe choose some things other than Google. But Apple is #2. In everything except AppStore revenue. Google's Android is #1 Google's Chrome is #1 Google…
According to a quick google search, iOS has almost 60% marketshare in the US. Many other top-GDP nations are similar. A bunch of people in India using Android isn't much help when you're in a country where most people use Apple. By your logic, most monopolies shouldn't be investigated or regulated at all, because most people on the entire planet don't use their products. One airline is fine, because most humans don't…
It all depends on how you define the market. If you’re motivated to desire a certain outcome, it’s easy to define the market in a way to get what you want.
Re: U.S. accuses Google of abusing monopoly in ad technology
#257I think it’s worth saying for people not too familiar with the space that this is specifically about Display and Video ads on third party websites. The lawsuit is about how Google managed to get in the entire stack (publisher, exchange and (less importantly for the lawsuit) buy side) and (according to the plaintiffs) abused their positions. I’d really encourage people read the lawsuit. It’s long, but most of the repo…
Text-only, no PDF needed: curl https://www.courtlistener.com/docket/66753787/1/united-states-v-google-llc/ \ |sed '1,/div id=\"opinion-content\">/d;/ /s// &/;/ /,$d' > 1.htm firefox ./1.htm https://www.courtlistener.com/docket/66753787/1/united-state...
Or feed the courtlistener.com URL directly to w3m or another text-mode browser.
Re: U.S. accuses Google of abusing monopoly in ad technology
#258Earlier quoted context omitted.
I suppose what I'm saying is I don't think antitrust is necessarily beneficial for consumers or client businesses. It could be. But generally speaking, large companies pay their employees better, are more likely to comply with regulations, and so on. Having businesses be small for the sake of being small is not necessarily good.
They are more likely to comply with regulations because they effectively get to write them. Smaller is better because a small company doesn't have the resources to corrupt the regulators.
Re: U.S. accuses Google of abusing monopoly in ad technology
#259Google 2021 revenue: $258B Meta 2021 revenue: $118B Can someone explain how Google has a monopoly when there are competitors in their league?
Anti-trust lawsuits don't require an absolute monopoly. It requires proving that a company behaved anti-competitively. > The lawsuit said Google had “corrupted legitimate competition in the ad tech industry by engaging in a systematic campaign to seize control of the wide swath of high-tech tools used by publishers, advertisers and brokers to facilitate digital advertising.”
Also, having a monopoly (even an absolution monopoly) does not automatically mean you are violating antitrust law. You had to do something anti-competitive to get that monopoly or be doing something anti-competitive to maintain it.
The easiest way to think about it is that US antitrust law is about preventing monopolization, not about preventing monopolies.
Re: U.S. accuses Google of abusing monopoly in ad technology
#260Earlier quoted context omitted.
The cynic in me says that Thomas is open to the discussion to the extent that it hurts companies that he percieves as his enemies, and will shut it down as soon as it covers companies that he considers on his side.
That would stand out among SC justices as abnormal, they're usually only biased when it can be consistent, which covers most cases but doesn't go so far as applying different law to different companies.
Well that was certainly Scalia's opinion of Thomas.