Discover and read the best of Twitter Threads about #Bezzle
Most recents (4)
They said it was impossible. After decades of #antitrust cases over #PredatoryPricing - selling below cost to kill or prevent competitors - the #ChicagoSchool of neoliberal #economists "proved" predatory pricing didn't exist, so courts could stop busting companies for it.
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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/05/19/fak…
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pluralistic.net/2023/05/19/fak…
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Predatory pricing - the economists explained - was illegal, but it was also imaginary. A mirage. No one would predatory price, because it was "irrational." Even if someone irrational enough to try it, they would fail. Stand down, American judges - predatory pricing is solved.
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A leak from the @EU_EDPB reveals that the #EU's top #privacy regulator is about to overrule the Irish Data Protection Commission and declare #Facebook's business model illegal, banning #surveillance-based #ads without explicit consent:
noyb.eu/en/noyb-win-pe… 1/
noyb.eu/en/noyb-win-pe… 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2022/12/07/luc… 2/
pluralistic.net/2022/12/07/luc… 2/
In some ways, this is unsurprising. Since the #GDPR's beginning, it's been crystal clear that the intention of the landmark privacy regulation was to extinguish commercial surveillance and ring down the curtain on #ConsentTheater. 3/
Uber just released its Q2-2022 numbers and trumpeted that it had finally achieved cash-flow positivity - and it only took 13 years and $32 billion in losses! So has Uber finally turned a corner? Will the company finally attain profitability and repay those billions?
Nope. 1/
Nope. 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2022/08/05/a-l… 2/
pluralistic.net/2022/08/05/a-l… 2/
The best analyst of Uber's financial disclosures - as always - is Hubert Horan, a transport analyst who has made a second career out of debullshitifying Uber's balance-sheet deceptions. 3/
One million US homes are built on floodplains. It would cost $200B to relocate the people who live in them. If we do that, we will save $1T. Those homes are doomed. 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2022/07/29/man… 2/
pluralistic.net/2022/07/29/man… 2/
When (not if) people leave them (either before or after floods come), they merely be arriving at a conclusion that is inevitable today.
prospect.org/environment/ho… 3/
prospect.org/environment/ho… 3/
