Why Nostr? What is Njump?
2024-08-14 12:44:41
in reply to

Cory Doctorow on Nostr: The law that Reagan neutered? The Robinson-Patman Act, a very boring-sounding law ...

The law that Reagan neutered? The Robinson-Patman Act, a very boring-sounding law that makes it illegal for powerful companies (like Walmart) to demand preferential pricing from their suppliers (farmers, packaged goods makers, meat producers, etc). The idea here is straightforward. A company like Walmart is a powerful buyer (a "monopsonist" - compare with "monopolist," a powerful seller).

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