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Originally Posted by CommonReader
It is foremost the tech industry who claim that anti-trust action is not necessary, that the market will sort everything out. Obviously this isn't true as long as it works in your favour.
Anyway, it is the purpose of anti-trust action to ensure that the market isn't controled by a single party. It is a dubious result of anti-trust action when one cartel is gets removed, yet the party that effectively controls the market isn't subjected to any control.
The trust shown here as regards government intervention is quite touching. To give just one example, some of the cases of illegal subsidies that are currently under investigation by the EU (e.g. apple) literally go back decades. There is no even handed intervention by authorities in the market. Some obvious cases are never taken up at all while others are pursued with zeal.
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Actually, the tech industry is where some of the more famous anti-trust cases have occurred in. The Bell System breakup. IBM's anti-trust finding. Microsoft's internet browser finding.