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submitted 2 years ago by Grayox@lemmy.ml to c/worldnews@lemmy.ml
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[-] Dead_or_Alive@lemmy.world 3 points 2 years ago

We have a solution, it is called anti trust legislation. We need to break up all of these too large to fail organizations. It’s ridiculous that we have only a handful of major players in soo many markets.

[-] camelCaseGuy@lemmy.world 1 points 2 years ago

Yes, of course we do. We just need politicians willing to do that. I thinks that's the most difficult part.

[-] queermunist@lemmy.ml -4 points 2 years ago

Oops, the businesses bought the politicians and now they won't pass anti-trust legislation. Who could have seen this coming???

[-] Dead_or_Alive@lemmy.world 1 points 2 years ago

_Looks at Anti Trust legislation that was passed over a hundred years ago and scratches head.

Sherman Act 1880 Clayton Act 1914 Federal Trade Commission Act 1914_

We don’t need new laws, we need people appointed to the FTC who will enforce the law more aggressively.

[-] queermunist@lemmy.ml -3 points 2 years ago

Yeah, and what happened to that legislation? Businesses bought the right politicians and defanged everything that inhibited their profits. Businesses have their thumbs on the scale making sure the FTC doesn't have the right people to be a threat.

[-] Pxtl@lemmy.ca -5 points 2 years ago

Uh, that organisation is generally City Hall.

[-] Dead_or_Alive@lemmy.world 6 points 2 years ago

The anti trust act is a federal law… I’m not sure where you inject city hall with breaking up cartels or large multinational businesses.

this post was submitted on 24 Sep 2023
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