recentpopularlog in

jerryking : heretical   3

Amazon’s Antitrust Antagonist Has a Breakthrough Idea - The New York Times
By David Streitfeld
Sept. 7, 2018

....... Ms. Khan wrote, that once-robust monopoly laws have been marginalized, Amazon is consequently able to amass so much structural power that let it exert increasing control over many parts of the economy. Amazon has so much data on so many customers, it is so willing to forgo profits, it is so aggressive and has so many advantages from its shipping and warehouse infrastructure that it exerts an influence much broader than its market share. It resembles the all-powerful railroads of the Progressive Era, .......The F.T.C. is holding a series of hearings this fall, the first of their type since 1995, on whether a changing economy requires changing enforcement attitudes.

The hearings will begin on Sept. 13 at Georgetown University Law Center. Two panels will debate whether antitrust should keep its narrow focus or, as Ms. Khan urges, expand its range.

“Ideas and assumptions that it was heretical to question are now openly being contested,” she said. “We’re finally beginning to examine how antitrust laws, which were rooted in deep suspicion of concentrated private power, now often promote it.”........Her Yale Law Journal paper argued that monopoly regulators who focus on consumer prices are thinking too short-term. In Ms. Khan’s view, a company like Amazon — one that sells things, competes against others selling things, and owns the platform where the deals are done — has an inherent advantage that undermines fair competition. “The long-term interests of consumers include product quality, variety and innovation — factors best promoted through both a robust competitive process and open markets,” she wrote.

The issue Ms. Khan’s article really brought to the fore is this: Do we trust Amazon, or any large company, to create our future?........ “It’s so much easier to teach public policy to people who already know how to write than teach writing to public policy experts,” said Mr. Lynn, a former journalist.

Ms. Khan wrote about industry consolidation and monopolistic practices for Washington publications that specialize in policy, went to Yale Law School, published her Amazon paper and then came back to Washington last year, just as interest was starting to swell in her work.... the F.T.C. needs to bring back a tool buried in its toolbox: its ability to make rules......“Amazon is not the problem — the state of the law is the problem, and Amazon depicts that in an elegant way,” she said......“could make sense” to treat Amazon’s e-commerce operation like a bridge, highway, port, power grid or telephone network — all of which are required to allow access to their infrastructure on a nondiscriminatory basis.
Amazon  antitrust  breakthroughs  FTC  heretical  ideas  lawyers  Lina_Khan  monopolies  platforms  retailers  regulators  reframing  Yale 
september 2018 by jerryking
New Year's Resolution 2002
1. Resolve to stay brutally optimistic.
2. Resolve to identify the most powerful benefit you offer to the people around you and then deliver it. (See below)
3. Resolve to pump up your personal vitality. How do I retain personal vitality?
[Personal vitality measures overall health in four key areas:
Purpose – INTERESTING! (I believe that having a sense of individual life purpose is absolutely fundamental to personal happiness and contentment ]
4. Resolve to be habitually generous.
5. Resolve to go on a mental diet.
6. Resolve to be a global citizen, fully open to the cultures and influences of others.
7. Resolve to take control of your destiny.
8. Resolve to increase your human connectedness. Network.
9. Resolve to increase your creativity by letting go of the familiar. If innovation is everything, how do I institutionalize it in my personal life? Innovation ==> change strategy ==> succeed because they are subversive. Be a heretic!!!
10. Resolve to be you because others are already taken.

Practice adding value to things--ideas to make things worth more.
Practice adding value to people--what can I do to help my colleagues become more effective?
Practice adding value to myself--what can I do to make myself more valuable today?
heretical  inspiration  motivations  fitness  indispensable  serving_others  value_creation  resolutions  unconventional_thinking  JCK  affirmations  optimism  authenticity  generosity  Communicating_&_Connecting  subversion  purpose  networking  creative_renewal  personal_energy 
august 2012 by jerryking
The Civil Heretic - Freeman Dyson - Profile -
March 25, 2009 | New York Times | By NICHOLAS DAWIDOFF. Profile of public intellectual, Freeman Dyson.
heretical  profile  physicists  critical_thinking  unconventional_thinking 
april 2009 by jerryking

Copy this bookmark:

to read