We need all new definitions of what a monopoly is, instead of the ones we have in law. The current definitions let everything drag out for years in courts by setting too high a bar. Instead, we need to recognize that all companies above a certain size or even “medium” market share damage competition simply due to their size. There shouldn’t be tests like proof of consumer harm, which is often hard or impossible to prove. Companies should also not be allowed to define the type of service they are, since they use overly broad market segments to make themselves look small. Their market capitalization or revenue or profit should be enough evidence of a problem. We know that big incumbents can copy smaller players, fight expensive legal battles, loss lead, bundle products, and behave in other anti competitive ways. Their size is a problem on its own.

A healthy society needs to have fair competition and reasonably distributed power. What we have right now with trillion Dollar megacorps (by market cap) is not healthy.