Travis Kalanick did far worse with Uber. He illegally spied on political opponents to Uber's expansion. As far as I know he's still out there free as a bird.
Private equity is a different problem, which hits closer to the real problems at the edge of the market where prices don't signal reliable information.
We've known for over a century monopolies are bad, but the actual finding is more like concentrated pricing power for goods with inelastic demand is pretty bad. PE exploits these corners with devastating efficiency and often bad results.
Travis Kalanick did far worse with Uber. He illegally spied on political opponents to Uber's expansion. As far as I know he's still out there free as a bird.
Private equity is a different problem, which hits closer to the real problems at the edge of the market where prices don't signal reliable information.
We've known for over a century monopolies are bad, but the actual finding is more like concentrated pricing power for goods with inelastic demand is pretty bad. PE exploits these corners with devastating efficiency and often bad results.