Under this precedent a dominant or lead ing concern in a major in dustry is permitted to take over a major competitor if it provides the only viable means of survival for the competitor.
It has been argued that the singularity of the late 2000 crises arises from non-precedent components, such as globalization and a dominant financial system equipped with exotic instruments (e.g., derivatives) designed from highly specialized mathematical theories.
If this understanding becomes dominant, it will profoundly change the Court's treatment of precedent, rational-basis scrutiny, and the role of the political branches in constitutional law.
Indeed, the only country that has encountered it is the U.S., when it replaced the U.K. as the world's dominant economic and financial power before World War II; fortunately, that precedent is one of accommodation and a peaceful transition.
Its implementation across social networks would therefore set an important precedent that might contribute to closing the gap between the dominant business model of platform capitalism and what is best for people.
In an online economy that is increasingly dominated by a handful of "platform" companies that are seeking to establish market positions as dominant as the one Google enjoys, this light-touch approach sets a dangerous precedent.
Precedents reduced design feature variety as solutions converged toward a few dominant designs.
The state's constitution and legal precedents have created one of the country's weakest governors, and makes the General Assembly the dominant branch, attorneys for state House Speaker Tim Moore and Senate leader Phil Berger wrote.
Yet the precedent of Microsoft's antitrust case poses an important question about the future: Should we worry about dominant information technology companies, or can we simply wait for the next big thing to bump them aside?
Precedents serve only to illustrate principles". Going beyond Lord Holt, Lord Mansfield had the courage to break with the dominant role of the jury in commercial cases.
