New research reveals that Silicon Valley uses predatory pricing to crush competitors and scam investors — evidence the government can use to bust up tech monopolies.
“Information known for half a century that nevertheless didn’t mean jack squat because it couldn’t be legally explained in such a way that would convince a layman court to break past precedent; but that we’ve now reframed into a compelling interpretation that much more obviously meets the standards required for a court to rule something as ‘predatory pricing’'; thus, any future cases brought are much more likely to succeed.”
tldr: We think we’ve found a way around the technicality VCs have been hiding behind all these years.
“new research” here translates roughly to “information known for over half a century”.
“Information known for half a century that nevertheless didn’t mean jack squat because it couldn’t be legally explained in such a way that would convince a layman court to break past precedent; but that we’ve now reframed into a compelling interpretation that much more obviously meets the standards required for a court to rule something as ‘predatory pricing’'; thus, any future cases brought are much more likely to succeed.”
tldr: We think we’ve found a way around the technicality VCs have been hiding behind all these years.