jeffw@lemmy.world to Business@lemmy.worldEnglish · 3 months agoElon Musk’s X just sued a nonprofit advertising group out of existencewww.cnn.comexternal-linkmessage-square25fedilinkarrow-up1121arrow-down16cross-posted to: facepalm@zerobytes.monstertechnology@zerobytes.monsternews@lemmy.world
arrow-up1115arrow-down1external-linkElon Musk’s X just sued a nonprofit advertising group out of existencewww.cnn.comjeffw@lemmy.world to Business@lemmy.worldEnglish · 3 months agomessage-square25fedilinkcross-posted to: facepalm@zerobytes.monstertechnology@zerobytes.monsternews@lemmy.world
minus-squaremkwt@lemmy.worldlinkfedilinkEnglisharrow-up3·3 months agoA monopoly exists when there is only one seller of a product. A monopsony exists when there is only one buyer of a product. I’m really not sure that the Sherman Antitrust Act regulates artificial monopsonies the same way it does with monopolies
minus-squareparpol@programming.devlinkfedilinkEnglisharrow-up1arrow-down1·3 months agohttps://en.m.wikipedia.org/wiki/United_States_antitrust_law
A monopoly exists when there is only one seller of a product. A monopsony exists when there is only one buyer of a product.
I’m really not sure that the Sherman Antitrust Act regulates artificial monopsonies the same way it does with monopolies
https://en.m.wikipedia.org/wiki/United_States_antitrust_law