this post was submitted on 24 May 2024
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[–] autotldr@lemmings.world 7 points 3 months ago

This is the best summary I could come up with:


This week, liquor monopolist David Trone lost a Democratic primary despite spending $60 million, the Supreme Court overwhelmingly ruled that the Consumer Financial Protection Bureau is constitutional, and Google actually offered money to the Antitrust Division to try and avoid having a case go to a jury.

They just cut a check for all proposed harms, tripled it in accordance with the Sherman Act’s treble damages charge, and claimed that the point is moot.

Google hired a fancy medieval scholar, a guy at a Scottish university named Professor John Hudson, to explain how the founders were libertarians who thought the public was dumb.

I’ve watched a bunch of antitrust trials, and it’s clear that judges have too much power, and that having normal people involved would be a significant improvement.

As Lee Hepner put it, “If it wasn’t clear already, Google is acknowledging that actual monetary damages, even if trebled, are an insufficient deterrent for a trillion dollar entity to illegally maintain a monopoly.”

The judge in the case, Leonie Brinkema, has been pretty annoyed at Google, so it’s not a promising outcome if they go with a bench trial.


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