Donald Trump Sees No Problem with Tech Companies Being Totally Unregulated Monopolies

Andrew Anglin
Daily Stormer
February 24, 2020

Oh this is what I voted for. I love this shit. Because of the stock market and stuff.

New York Times:

President Trump and his economic team see “no need to hastily rewrite the federal government’s antitrust rules,” drawing a battle line with leading Democratic presidential candidates on an issue that has increasingly drawn the attention of economists, legal scholars and other academics.

In their annual Economic Report of the President, released on Thursday, Mr. Trump and his advisers effectively dismiss an emerging line of economic research that finds large American companies increasingly dominate industries like telecommunications and tech, stifling competition and hurting consumers.

That research, which President Barack Obama’s economic team championed in 2016, has become fodder for presidential candidates like Senators Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont to call for breaking up big tech companies.

In its report, the Trump administration contends that the studies that demonstrate rising market concentration in the economy are flawed — and that the rise of large companies may not be a bad thing for consumers.

“Concentration may be driven by economies of scale and scope that can lower costs for consumers,” the report reads. “Also, successful firms tend to grow, and it is important that antitrust enforcement and competition policy not be used to punish firms for their competitive success.”

I actually believe that the tech companies are natural monopolies. But the fact of reality is that monopolies have to be heavily regulated, and there is currently zero regulation on tech monopolies. In actual fact, these tech monopolies are actively colluding to destroy Donald Trump. And all of his supporters. And former supporters who stopped supporting him because he did nothing when they were kicked off of the internet.

If these companies are going to be monopolies, they need to respect the Constitution. There are laws protecting people from having their phone line cut because the phone company doesn’t agree with their politics, but there are no such laws for these tech companies, which are used a helluva lot more than landline phones in current year.

This situation is insane. And I would support breaking these companies up simply because it would hurt them, even though it couldn’t possibly increase efficiency.

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