Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
Oh wow just one of ten billion suits the government should have been pursuing over a decade ago.
The fact that these cowards are doing an antitrust suit and didn’t just blackbag the CEO and other high up officers in the company when their response to obviously being a monopoly (it’s quite literally just Visa and Mastercard and Visa is far bigger) was “pfft. No! Pfft. Look at all these competitors! Like Mastercard! And… did we mention Mastercard?”
It’s like Microsoft or Apple trying to claim they don’t do monopolistic shit, that they don’t hold de facto monopolies in certain sectors, because “Well, there is literally one competitor! So technically just because we hold 95% of the market, that means we aren’t a monopoly!” No. That’s not how this works.
Well, it does because 1) a ton of people who even see this stuff don’t care or very cuckedly (yeah, I’m making that up and using it) support it. And 2) this suit is being brought late in the year immediately before an election when the suit has been deserved since… at least 2008. At least. It’s just being thrown out to say “See? Eh? You see that one? We did something! What was the result of our lawsuit against Apple, a clear monopoly holder that charges $99/year to develop apps and locks customers from using their devices which should be the easiest slam dunk “you must allow root access” outcome ever? Stop asking! WE DID SOMETHING!”
How about using just 0.1% of the energy they’ve been spending on college kids mad about genocide on any of these CEOs if only for personal grievance “fuck you!” reasons. Imagine being the USAG and Visa’s top attorney scoffs at you like that when they are absolutely obviously a monopoly. Even if you’re a massive paid shill, send that asshole to a blackhole just because, you know, you still can.
Oh wow just one of ten billion suits the government should have been pursuing over a decade ago.
The fact that these cowards are doing an antitrust suit and didn’t just blackbag the CEO and other high up officers in the company when their response to obviously being a monopoly (it’s quite literally just Visa and Mastercard and Visa is far bigger) was “pfft. No! Pfft. Look at all these competitors! Like Mastercard! And… did we mention Mastercard?”
It’s like Microsoft or Apple trying to claim they don’t do monopolistic shit, that they don’t hold de facto monopolies in certain sectors, because “Well, there is literally one competitor! So technically just because we hold 95% of the market, that means we aren’t a monopoly!” No. That’s not how this works.
Well, it does because 1) a ton of people who even see this stuff don’t care or very cuckedly (yeah, I’m making that up and using it) support it. And 2) this suit is being brought late in the year immediately before an election when the suit has been deserved since… at least 2008. At least. It’s just being thrown out to say “See? Eh? You see that one? We did something! What was the result of our lawsuit against Apple, a clear monopoly holder that charges $99/year to develop apps and locks customers from using their devices which should be the easiest slam dunk “you must allow root access” outcome ever? Stop asking! WE DID SOMETHING!”
How about using just 0.1% of the energy they’ve been spending on college kids mad about genocide on any of these CEOs if only for personal grievance “fuck you!” reasons. Imagine being the USAG and Visa’s top attorney scoffs at you like that when they are absolutely obviously a monopoly. Even if you’re a massive paid shill, send that asshole to a blackhole just because, you know, you still can.