Antitrust Discovers Big Tech 'Monopoly'

Antitrust Discovers Big Tech 'Monopoly'
AP Photo/Richard Drew
Have the semi-conscious ever noticed how monopoly profits are only discovered by anti-trust ankle biters after the fact? In reality, it's simple logic. For a business to attain monopoly it must by definition discover a way of meeting consumer needs, or an all new consumer need that other market participants had previously dismissed or not thought of at all. In short, antitrust officials are always and everywhere operating in anti-consumer fashion. Dominant companies should be cheered for discovering unmet market needs, plus it should be understood by those who don't drool that established market dominance is the surest sign that competition is on the way. Applied to Facebook, hand wringing about Instagram is a look to the past that advertises antitrust ignorance. Read Full Article »


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