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Megan McArdle: Markets, Monopolies & Innovation

"World of DaaS"

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Anti-Competitive Behavior - Is There Anything We Can Do About It?

I've been arguing against antitrust interventions since 2003 when it was the left. I am skeptical because I think that a lot of these tech markets do converge to one. If they are natural monopolies, that does often result in anti-competitive behavior or it makes it very hard for other companies to innovate. We can regulate anti-competitive behaviour, but honestly, how much good did this end up doing?

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