points by pavel_lishin 12 hours ago | 0 comments
A duopoly isn't great, either.
[–] Buttons840 12 hours ago
[–] throwitaway222 11 hours ago
There is also a skyrocketing chance they are colluding via algorithm.
This needs to be discussed more in the age of AI. RealPage was just the eye-opener. Every industry that should be competing on prices has a cottage industry of "price recommenders" that is de-facto collusion in front of our eyes.
[–] cpuguy83 12 hours ago
It's also the FTC's responsibility to challenge mergers that would substantially reduce competition.
No one is saying the merger is illegal, just that it probably shouldn't be allowed.
[–] Buttons840 12 hours ago
"Illegal" and "shouldn't be allowed" are the same thing when it comes to the government.
If something is legal, the government should allow it.
I am saying that it shouldn't be allowed, because it is not in harmony with the laws, and is therefore illegal.
You're right. Duopolies aren't great either and just because two companies are in fierce competition doesn't mean everything is good with the law. Both companies might be engaging in illegal anti-competitive behavior.