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Daily Bread for 12.13.20

Good morning.

Sunday in Whitewater will be cloudy with a high of thirty.  Sunrise is 7:17 AM and sunset 4:21 PM, for 9h 03m 25s of daytime.  The moon is a waning crescent with 1.8% of its visible disk illuminated.

Today is both the one thousand four hundred ninety-sixth day and the thirty-seventh day. 

On this day in 1769, Dartmouth College is founded by the Reverend Eleazar Wheelock.

Recommended for reading in full — 

 Tim Wu writes Facebook Cannot Buy Its Way Out of Competition:

The Federal Trade Commission and more than 40 states filed an antitrust suit against Facebook on Wednesday, prompting the company and its defenders to argue that Silicon Valley’s very way of doing business is under attack.

On the contrary. What the federal government and states are doing is reasserting a fundamental rule for all American business: You cannot simply buy your way out of competition. Facebook, led by its chief executive, Mark Zuckerberg, has taken that strategy to a smirking and egregious extreme, acquiring multiple companies to stifle the competitive threat they posed. To ignore the company’s conduct would be to license it, allowing a long-illegal practice to become a norm.

As the metaphor goes, capitalism is a jungle and business is about survival. A business can survive in one of two ways: It can be as good as, or better than, the competition; or it can spend money to buy up any competitors that endanger its market share or disable them using tactics like exclusive dealing. The core message of the Sherman Antitrust Act is that buying up or disabling competitors, while often effective, is prohibited as a means of doing business.

This rule, in effect since 1890, has been widely ignored in Silicon Valley over the past decade and a half. The early online juggernauts developed a reputation for ignoring the basics of antitrust law. During the 2010s, the idea that they could “always just buy any competitive start-ups” (Mr. Zuckerberg’s words) became the default strategy for dealing with new threats.

Emily Davies, Rachel Weiner, Clarence Williams, Marissa J. Lang, and Jessica Contrera report Multiple people stabbed after thousands gather for pro-Trump demonstrations in Washington:

Thousands of maskless rallygoers who refuse to accept the results of the election turned downtown Washington into a falsehood-filled spectacle Saturday, two days before the electoral college will make the president’s loss official.

In smaller numbers than their gathering last month, they roamed from the Capitol to the Mall and back again, seeking inspiration from speakers who railed against the Supreme Court, Fox News and President-elect Joe Biden. The crowds cheered for recently pardoned former national security adviser Michael Flynn, marched with conspiracy theorist Alex Jones and stood in awe of a flyover from what appeared to be Marine One.

But at night, the scene became violent. At least four people were stabbed near Harry’s Bar at 11th and F streets NW, a gathering point for the Proud Boys, a male-chauvinist organization with ties to white nationalism.

The victims were hospitalized and suffered possibly life-threatening injuries, D.C. fire spokesman Doug Buchanan said. It was not immediately clear with which groups the attackers or the injured might have been affiliated.

The violence escalated after an evening of faceoffs with counterprotesters that took place near Harry’s, Black Lives Matter Plaza, Franklin Square, and other spots around downtown.

At first, officers in riot gear successfully kept the two sides apart, even as the groups splintered and roamed. In helmets and bulletproof vests, Proud Boys marched through downtown in militarylike rows, shouting “move out” and “1776!” They became increasingly angry as they wove through streets and alleys, only to find police continuously blocking their course with lines of bikes.

 Weekly Highlights from Space (Starship soars, China launches & more):

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