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Author Topic: Bitcoin Foundation and antitrust law  (Read 1522 times)
timeshareafrica
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March 23, 2013, 04:23:14 PM
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Bitcoin-Foundation could in the future run into problems with the antitrust law! It would be better to create a second and third proxy Bitcoin-Foundation in order to protect the original one.
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March 23, 2013, 04:27:19 PM
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You do know it is a foundation, and not a business right?

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March 23, 2013, 06:26:32 PM
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You do know it is a foundation, and not a business right?
Even than, his will not prevent Bitcoin Foundation from antitrust action.


 
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March 24, 2013, 12:33:59 AM
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You do know it is a foundation, and not a business right?
Even than, his will not prevent Bitcoin Foundation from antitrust action.

Do you know what anti-trust laws do? They regulate business that become too big, is the foundation too big? Can it price fix? No and no, so no anti-trust here.

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timeshareafrica
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March 24, 2013, 04:59:57 AM
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I don't want to argue with you about this I just point this out for future reference. 
Antitrust law is not for companies getting to big it is more to prevent monopolies.
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March 24, 2013, 05:13:11 AM
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I don't want to argue with you about this I just point this out for future reference. 
Antitrust law is not for companies getting to big it is more to prevent monopolies.


I am not arguing but I am just pointing out the flaw, by the way, companies getting too big is a monopoly. You need to research a bit more.

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March 24, 2013, 08:32:23 AM
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Yes, you are right!
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April 07, 2013, 10:15:49 PM
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I am not arguing but I am just pointing out the flaw, by the way, companies getting too big is a monopoly. You need to research a bit more.

antitrust laws prevent coordination, not just size. and they apply to nonprofits as well as for-profit concerns. for example, universities can (and do) run afoul of it in their hiring practices.
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April 07, 2013, 11:22:30 PM
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I am not arguing but I am just pointing out the flaw, by the way, companies getting too big is a monopoly. You need to research a bit more.

antitrust laws prevent coordination, not just size. and they apply to nonprofits as well as for-profit concerns. for example, universities can (and do) run afoul of it in their hiring practices.

It prevents coordination? What law book did you read, it is applies to size everyone knows that. Also you can't have a non-profit be a monopoly they would have to be for profit. Look at the American Red Cross they are clearly a monopoly. Dude read a law book.

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April 07, 2013, 11:52:55 PM
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It prevents coordination? What law book did you read, it is applies to size everyone knows that. Also you can't have a non-profit be a monopoly they would have to be for profit. Look at the American Red Cross they are clearly a monopoly. Dude read a law book.

you don't know what you're talking about. why would you continue to repeat an uninformed misunderstanding once it's been pointed out to you? this sort of stubbornness is remarkable.

nonprofits:  http://www.nber.org/papers/w12132 ("Despite the conceptual differences between for-profit and non-profit firms stressed in conventional economic analyses of the non-profit sector, U.S. antitrust law generally does not distinguish between these two organizational forms.")

coordination:  http://en.wikipedia.org/wiki/Price_fixing ("In the United States, price fixing can be prosecuted as a criminal federal offense under section 1 of the Sherman Antitrust Act")

please, take the minimal effort needed to inform yourself before going out of your way to criticise others. are you a child?
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April 11, 2013, 04:19:30 PM
 #11

here is a good overview

http://www.law.cornell.edu/wex/antitrust

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