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Cameron Armstrong
@cameron
“Under Antitrust laws, you become a criminal the moment you go into business. If you charge too much, you can be prosecuted for monopoly. If you charge too low, it’s unfair competition. If you charge the same prices as your competitors, you can be prosecuted for collusion” What’s y’all’s take on this take?
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𒂭_𒂭
@m-j-r.eth
isn't max competitive environment treating all others as adversaries? ngl, utilities/public service are a major exceptions to the rule, then again they do flirt with complacency. if one can charge too much, then that's just sponge mechanic. charging low could be locked in for n decades, though.
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Leo
@leosn.eth
Nah this ain’t a good take These things are bad if and only if you can convince court that these pricing decisions are related to market power In essence, if you have too much market power, antitrust should be able to get to you no matter what your prices are As it should be
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Jack Miller
@jackm
This is factual but not truthful. For each of those, there are several specific circumstances that need to be met and many are difficult to prove in court - such as intent, measurable consumer harm, etc.
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RoboCopsGoneMad
@robocopsgonemad
Suuuuuuper overly reductive
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Griffin
@griffindotart
This is a myopic take, this only applies if you have pricing power. If you charge too little without it you’ll just burn out of resources quickly, if you charge too much others will undercut you.
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