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posted by martyb on Sunday September 04 2016, @12:38AM   Printer-friendly
from the no-price-does-not-mean-no-cost dept.

https://theconversation.com/are-us-antitrust-regulators-giving-silicon-valleys-free-apps-a-free-pass-63974

U.S. antitrust law is uniquely devoted to a strain of economics often called “price theory.” Beginning in the 1970s, price theory came to dominate antitrust law and scholarship.

Price theory (no surprise) focuses on prices. Supposedly, price theory uses price as a synechdoche to represent all aspects of competition. But in fact, businesses compete not just on price but also on quality, innovation, branding and other product attributes.

Yet U.S. antitrust regulators and courts have traditionally focused heavily on price competition. When products are “free” (or, more accurately, “zero-price”), they simply slip under the antitrust radar.

If the SCOTUS is willing to declare that money is speech, it should be no great leap to recognize that speech can also be money. Wall Street has clearly recognized the truth in that, giving multi-billion dollar valuations to companies that are entirely predicated on reselling their users' attention. How long until American courts catch up with reality?


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  • (Score: 3, Insightful) by Immerman on Sunday September 04 2016, @03:07PM

    by Immerman (3985) on Sunday September 04 2016, @03:07PM (#397405)

    Actually, the problem with plastics is less in the production than the disposal. If we consistently recycled or burned (cleanly) the plastic after we were done with it it wouldn't be that big of an issue, but instead a large fraction of plastic trash it gets blown or washed away, where it becomes a major ecological hazard.

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  • (Score: 2, Insightful) by khallow on Sunday September 04 2016, @03:32PM

    by khallow (3766) Subscriber Badge on Sunday September 04 2016, @03:32PM (#397411) Journal

    If we consistently recycled or burned (cleanly) the plastic after we were done with it it wouldn't be that big of an issue, but instead a large fraction of plastic trash it gets blown or washed away, where it becomes a major ecological hazard.

    Why would recycling or burning plastics help with litter? Keep in mind that most plastic in the environment didn't get there through landfills. It got there through improper disposal of trash or through loss of plastic goods into the environment (such as cargo washing off a container ship). Recycling or burning won't help with that.

    • (Score: 2) by Immerman on Tuesday September 06 2016, @11:34PM

      by Immerman (3985) on Tuesday September 06 2016, @11:34PM (#398364)

      It wouldn't. Like I said *consistent* recycling would be needed, and eliminating littering would be a precondition. And I suppose if we managed to completely eliminate consumer littering, then landfills might be an adequate short-term solution.

      • (Score: 1) by khallow on Tuesday September 06 2016, @11:58PM

        by khallow (3766) Subscriber Badge on Tuesday September 06 2016, @11:58PM (#398388) Journal
        And my point is twofold. First, recycling doesn't actually do much about the plastic in the environment - a considerable portion of which doesn't come from improper disposal of waste plastic and little actually comes from anything that recycling can address. Second, what is the value of recycling plastic? The plastic isn't that valuable. Landfill space isn't that scarce.
        • (Score: 2) by Immerman on Wednesday September 07 2016, @03:20PM

          by Immerman (3985) on Wednesday September 07 2016, @03:20PM (#398731)

          How exactly is most litter not improperly disposed of? That it's the consumer improperly disposing of the wrapper from another product is immaterial. Every plastic bag, cup, and styrofoam peanut drifting through the environment is a piece of plastic that was not properly disposed of. Most of it could be downcycled, and all of it could be burnt.

          And yes, I've already conceded that landfills are an adequate short term solution *if* all plastic were properly disposed of.

          • (Score: 1) by khallow on Friday September 09 2016, @09:40PM

            by khallow (3766) Subscriber Badge on Friday September 09 2016, @09:40PM (#399802) Journal

            Most of it could be downcycled, and all of it could be burnt.

            It won't be because it's in the environment, not in your recycling process loop. Litter and other environmental injections of plastic debris aren't caused nor solved by the choice between landfills and recycling.

            • (Score: 2) by Immerman on Saturday September 10 2016, @01:45AM

              by Immerman (3985) on Saturday September 10 2016, @01:45AM (#399880)

              Which is kind of my point.

              • (Score: 1) by khallow on Saturday September 10 2016, @09:31AM

                by khallow (3766) Subscriber Badge on Saturday September 10 2016, @09:31AM (#399952) Journal
                The air is pure and sweet at the altitude your point is whooshing overhead. I complained that there wasn't a lot of bang for buck with plastic recycling. Then you brought up plastic in the environment with respect to recycling or burning, which sure sounded to me like you were claiming that was a benefit over landfills in this respect. Now, it appears your point isn't actually that. I'm not getting it.
                • (Score: 2) by Immerman on Sunday September 11 2016, @03:54AM

                  by Immerman (3985) on Sunday September 11 2016, @03:54AM (#400189)

                  I apologize for expressing myself poorly. You said

                  >But there is this obsession with halting or proscribing practices such as "use and discard" which take advantage of our plentiful resources and enormous, cheap manufacturing capacity, even when it doesn't make sense environmentally. Wasting peoples' time to save a little plastic is a typical environmentalist choice even though they're probably making the environment worse with this poor allocation of resources.

                  I intended to indicate that the primary problem with "use and discard" of plastic is not the consumption of resources, but the production of ecologically devastating waste. And that if we consistently recycled (or as you pointed out, sequestered) plastic effectively it would not really be a problem.

                  Unfortunately, given the nature of the kinds of things we like to produce with plastic, that seems unlikely to happen. Which means to restrict the damage, we must restrict the consumption. Or at least shift it into less damaging forms.

                  • (Score: 1) by khallow on Sunday September 11 2016, @08:11AM

                    by khallow (3766) Subscriber Badge on Sunday September 11 2016, @08:11AM (#400231) Journal

                    Which means to restrict the damage, we must restrict the consumption. Or at least shift it into less damaging forms.

                    We still have the matter of whether it is better to do that or not. Restricting our use of plastic can cause damage in other ways. And the harm from environmental plastic is routinely exaggerated.