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#antitrust#amazon#bork#law#right#https#price#documents#source#standard

Discussion (9 Comments)Read Original on HackerNews

fmajidabout 1 hour ago
At this point, Antitrust law is no longer the right statute for prosecution.

RICO is.

https://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corru...

11333 minutes ago
Seems like that's just for protesters.
add-sub-mul-divabout 1 hour ago
Anything trying to protect consumer rights at the federal level risks getting shut down during a future Republican administration.
lelandfeabout 1 hour ago
If you've ever seen those "Click To Reveal Price" or "Price Only Revealed At Checkout" products online, this here is one reason why. They help businesses keep discounted prices hidden from Amazon's crawlers.
trollbridgeabout 1 hour ago
Amazon would be smart to settle with no admission of wrongdoing and an agreement to seal documents lest every other state end up following suit.
ikidd21 minutes ago
The documents can be subpoenaed for a new proceeding from the source.
worikabout 2 hours ago
Unsurprising

Did Amazon think they were too big to convict?

I wonder if they will meet the fate of Standard Oil, back in the day.

fmajidabout 1 hour ago
No, Antitrust law was effectively neutered by the Chicago School and their agent Robert Bork.

https://www.theamericanconservative.com/robert-borks-america...

(BTW that source is right-wing and can hardly be said to be biased against Bork).

vondur9 minutes ago
That's fascinating. Bork was denied being on the supreme court but his ideas shaped current antitrust laws. It feels a bit like the old Standard Oil argument: It's ok to have a huge market share so long as pricing for goods gets cheaper even if it hurts competition overall. *edited* for grammar.