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fmajidyesterday at 10:57 PM6 repliesview on HN

At this point, Antitrust law is no longer the right statute for prosecution.

RICO is.

https://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corru...


Replies

yabutlivnWoodstoday at 5:50 AM

Shouldn't be hard with the obvious circular investing and... oh yeah... the poaching emails between Steve Jobs and Eric at Google back in the day, along with emails revealed during a discovery phase where big tech CEOs were agreeing to act in each other's interests as if they were one big family of companies; it's just physics, afterall

But everyone was making tons of money due to ZIRP trickle down no one cared then

grueztoday at 2:19 AM

>Under the law, the meaning of racketeering activity is set out at 18 U.S.C. § 1961. As currently amended, it includes:

It lists plenty of crimes, but anti-trust violations isn't one of them.

Also, obligatory https://web.archive.org/web/20170301062028/https://www.popeh...

See specifically sections "Wait. Isn't the defendant the enterprise?" and "So what's "racketeering activity"?"

113yesterday at 11:33 PM

Seems like that's just for protesters.

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cucumber3732842today at 12:24 AM

That would be like showing up for the battle of Kursk with an M18 battalion. Might go well at first, you might score some big flashy wins, but....ugh... things are gonna get worse as the party goes on and it's generally an ill advised strategy.

Rico as written and enforced walks right up to the limit of constitutionality in a dozen ways. It's built for speed. It's never really been thrown into a knock down drag out legal action between titans on equal footing (i.e. a bigco legal team, potentially helped by other bigcos). It might survive nominally but it probably won't come out the other end in serviceable condition. You might win a few but eventually an appeal will find its target and end your day.

I say go for it. Heads I win. Tails you get RICO reform.

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Finnucanetoday at 3:11 AM

"It's never RICO"--Popehat

add-sub-mul-divyesterday at 11:12 PM

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