this post was submitted on 24 May 2024
104 points (94.8% liked)

Technology

59429 readers
2919 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] autotldr@lemmings.world 6 points 5 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.


The original article contains 675 words, the summary contains 190 words. Saved 72%. I'm a bot and I'm open source!