Microsoft, Nokia, Palm, BlackBerry all hit the same wall of being unable to cast off old interfaces and compatibility when radically new hardware capabilities developed. Nothing to do with antitrust.
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Replying to @saschasegan @kimmaicutler and
Thai is the point exactly. The reasons Microsoft no longer dominates tech have zero to do with anti-trust. This is not an argument against anti-trust, but it is an argument against the presumption anti-trust is the only solution.
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Replying to @benedictevans @saschasegan and
For something this big, we need a vigorous debate where good intentions are set aside and potential unintended consequences are seriously evaluated. How’s GDPR actually performing? Let’s listen carefully to analysts who predicted this.https://www.google.com/amp/s/www.forbes.com/sites/jonmarkman/2018/05/22/gdpr-is-great-news-for-google-and-facebook-really/amp/ …
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Replying to @markrhill @benedictevans and
Agreed, but not having the debate at all in the first place means we just continue w/ the Bork/Chicago status quo since the late 1970s.
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Replying to @kimmaicutler @benedictevans and
FTC was created 105 years ago to promote consumer protection and prevent anticompetitive business practices like coercive monopolies. In retrospect, they failed to see how Instagram/Doubleclick would play out. Rather than rewrite, let’s build on what we have.
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Replying to @stevesi @markrhill and
@superwuster’s critique is that merger review falls in between the agency and judicial process, which makes it more opaque and less democratic.0 replies 0 retweets 3 likes -
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That's the current situation under the consumer welfare standard -- judges/commissioners making rulings based on what they think will maximize welfare in the long-run in areas they have no experience in instead of looking at explicit acts of anti-competitive behavior & intent.
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Replying to @kimmaicutler @stevesi and
How would you propose to update the standard? What % weighting for producer vs consumer interest?
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