@jeffw to BusinessEnglish • 4 months agoElon Musk’s X just sued a nonprofit advertising group out of existencewww.cnn.commessage-square17arrow-up1122arrow-down16cross-posted to: news
arrow-up1116arrow-down1external-linkElon Musk’s X just sued a nonprofit advertising group out of existencewww.cnn.com@jeffw to BusinessEnglish • 4 months agomessage-square17cross-posted to: news
minus-square@mkwtlinkEnglish0•4 months agoI rather doubt that buyer boycotts are actually illegal (with the exception of the anti Israel boycotts).
minus-squareNaibofTabrlinkfedilinkEnglish4•4 months agoWhat monopoly? There are many platforms for ad placement. Boycotting one platform doesn’t make the rest of the market a monopoly.
minus-squareNaibofTabrlinkfedilinkEnglish2•4 months agoBy your logic, any group that organizes a boycott of any company is guilty of creating a monopoly. That is not how monopolies work, and it is also not illegal. It is a normal function of a free market.
minus-square@mkwtlinkEnglish3•4 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
I rather doubt that buyer boycotts are actually illegal (with the exception of the anti Israel boycotts).
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What monopoly? There are many platforms for ad placement. Boycotting one platform doesn’t make the rest of the market a monopoly.
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By your logic, any group that organizes a boycott of any company is guilty of creating a monopoly. That is not how monopolies work, and it is also not illegal. It is a normal function of a free market.
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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
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