this post was submitted on 21 Dec 2023
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[–] MrJameGumb@lemmy.world 139 points 11 months ago (4 children)

Isn't this the exact reason why we have antitrust and monopoly laws?

[–] superduperenigma@lemmy.world 100 points 11 months ago (1 children)

we have antitrust and monopoly laws

Well yes, but actually no.

[–] FakeGreekGirl@lemmy.blahaj.zone 16 points 11 months ago (1 children)

With the current administration, there might actually be some push back.

Might.

[–] orca@orcas.enjoying.yachts 24 points 11 months ago (2 children)

Pretty sure the current admin is too busy tripping over itself to help Israel continue carrying out genocide in Palestine.

[–] Asafum@feddit.nl 4 points 11 months ago (1 children)

"Pretty sure the current admin is too busy tripping over itself to ~~help Israel continue carrying out genocide in Palestine.~~ get the US Jewish vote."

I don't think the administration actually gives a shit about what's happening there, Biden just wants their votes. :(

[–] kibiz0r@lemmy.world 4 points 11 months ago

Joe Biden: Were there not an Israel the USA would have to invent an Israel to protect her interest in the region.

https://www.c-span.org/video/?c4962369/user-clip-joe-biden-israel-usa-invent-israel-protect-interest-region

[–] ringwraithfish@startrek.website 66 points 11 months ago (2 children)

Read up on Reagan and anti-trust. He essentially said that monopolies that resulted in lower prices were good for consumers and that the government would turn a blind eye to them. Hasn't been much change since then.

[–] KingThrillgore@lemmy.ml 16 points 11 months ago (1 children)

monopolies that resulted in lower prices

IT DOESN'T WORK LIKE THAT DAYO~

When you own the market, you either:

  • Dictate the price as the sole provider
  • Are forced to set the price because of your natural monopoly status (as a utility for example; until you stuff the utilities commission or regulatory capture your way into even controlling that)
  • Have to break up to create competition, release patents, or otherwise be forced to allow competition which leads to a lower cost alternative

I hate the gipper. Fucking cunt, and he can't fucking act either.

[–] WhatAmLemmy@lemmy.world 14 points 11 months ago* (last edited 11 months ago)

He knew. All capitalists know. They don't care, because the goal of capitalism is to profit — therefore profit is the one and only true guiding virtue.

[–] rottingleaf@lemmy.zip 1 points 11 months ago

That happens when you elect an actor as a president.

[–] CaptnNMorgan@reddthat.com 7 points 11 months ago

If Disney was allowed to buy Fox I don't see why this couldn't happen too

[–] Late2TheParty@lemmy.world 5 points 11 months ago

Shhh! If you keep talking like that "they" will start looking for you.

Hahahahah