Medium: Markets are better than antitrust at stirring up competition

Amazon’s market cap recently fell below $1 trillion, the lowest it’s been in years. This drop follows Covid-19 related growth that saw revenue increase by 200 percent. Combined with overlapping legislative efforts to codify “big is bad” and rein in Big Tech, this drop shows that market pressure is often better suited to introduce competition than government intervention.

Published in its entirety in Medium.

FacebooktwitterredditlinkedinFacebooktwitterredditlinkedin