[HN Gopher] Antitrust Enforcement Increases Economic Activity
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       Antitrust Enforcement Increases Economic Activity
        
       Author : throw0101b
       Score  : 18 points
       Date   : 2023-09-09 15:03 UTC (7 hours ago)
        
 (HTM) web link (www.nber.org)
 (TXT) w3m dump (www.nber.org)
        
       | perryizgr8 wrote:
       | So does breaking windows. But that doesn't mean it is desirable
       | to do so. Not saying anti trust shouldn't be enforced, just that
       | this isn't a valid argument on its own.
        
         | dv_dt wrote:
         | A monopoly can be more efficient if it passes its operational
         | savings to customers instead of collecting profits.
         | Unfortunately profits before all else (even long term risk
         | mitigation) is the business outlook of this era.
        
           | n4r9 wrote:
           | Even if that happens, the type of efficiency savings
           | typically made by monopolies can render an industry fragile.
           | For example, standardising hardware components can produce
           | big savings but make the industry very vulnerable to defects.
        
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       (page generated 2023-09-09 23:02 UTC)