Antitrust in the Aftermath (ft. Marshall Steinbaum)

An interesting chat with Marshall Steinbaum on the pathway to solve the #gigeconomy problem by the Democratic leadership. The Silver Bullet, of course, still remains for the federal government to recognize that Uber’s “dynamic pricing” model is illegal price fixing. Interestingly enough, this problem now extends into almost every niche in e-commerce and it does not only affect the parties in their “bitter end” collusion, but mainly consumers and legally competing products. Eventually, consumers lose economic utility due Uber’s supra-competitive take rake hidden in the “dynamic pricing” and new startups have a zero incentive to build legal alternatives.

#laborlaw #antitrust #pricefixing #marketplaces #firmexemption #shermanact #ecommerce #futureofwork #ftcact #ab5 #ridehailing #prop22 #proact #canofworms U.S. Department of Justice Federal Trade Commission California Department of Justice

Author: Litesand

Antitrust, real estate, e-commerce, fintech, proptech, bigtech

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