alt Hacker NewsThe SEC doesn't exist to play favourites. If Anthropic has broken a law they can be blocked for that. If not, then it would be unfair to them to block them for things that other companies with IPOs have done. Live by market primacy, die by market primacy.
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jubilanti • today at 1:43 AM
The law is the Clayton Antitrust Act of 1913, among others, and it is intentionally incredibly vague when it comes to what counts as anticompetitive.
Danox • today at 12:40 AM
All human endeavors play favorites. We shall see if the SEC will let lightning strike two times in one year.
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The concern is that “bad apples” get into indices and then that starts to rot people’s futures. I’m not sure how that will play out (indices can kick them out, or if the company really fails the market cap will reflect that and the index can “heal”). I’m guessing Enron was part of the index at some point, but we survived that.