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>All hope is not lost, however: there is reason to believe that these monopolies derive much of their monopolistic power through the state How has google deriv

>All hope is not lost, however: there is reason to believe that these monopolies derive much of their monopolistic power through the state How has google derived monopolistic power through the state?

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belovedeagle 9y ago
I have been assured by innumerable statists that the government invented the internet. But I'm not sure in what market exactly Google is a monopoly? I'm pretty sure there are plenty of advertising and big data companies doing just fine.
- andrepd 9y ago
  You're not sure in what market is Google a monopoly? Searches, for one, internet video as well... If the trend continues, web browsers as well (Chrome is fast approaching the level of usage share as IE at its peak).
  - belovedeagle 9y ago
    Those aren't products. Google's main products are advertising and user data. They can't be monopolists in markets they're not even participating in.
    - andrepd 9y ago
      Google doesn't participate in the search engine market. Got it. Makes perfect sense.
  - interstitial 9y ago
    Forget it Jake, it's SV. All is well that exits well. And google did that.
alexanderstears 9y ago
Google can afford to break the law, small businesses can't. https://www.cnbc.com/2017/06/27/googles-1-billion-fine-what-you-need-to-know.html https://www.cnbc.com/2017/06/27/googles-1-billion-fine-what-... Google broke the law because it was profitable to do so and I'd wager that google came out ahead even after the fine. To the extent that we make it lucrative to break the law, we favor those who can afford the punishment over those who can't.
jgmjgm 9y ago
Anti-trust laws are about leveraging your monopoly in one area of the economy in order to gain an advantage in another. There is nothing wrong with having a monopoly per se as long as it was gained and maintained fairly.
- frgtpsswrdlame 9y ago
  And by "fairly" you mean literally any business tactic which does not rely on the government?

>All hope is not lost, however: there is reason to believe that these monopolies derive much of their monopolistic power through the state How has google derived monopolistic power through the state?

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belovedeagle 9y ago

I have been assured by innumerable statists that the government invented the internet. But I'm not sure in what market exactly Google is a monopoly? I'm pretty sure there are plenty of advertising and big data companies doing just fine.

andrepd 9y ago
You're not sure in what market is Google a monopoly? Searches, for one, internet video as well... If the trend continues, web browsers as well (Chrome is fast approaching the level of usage share as IE at its peak).
- belovedeagle 9y ago
  Those aren't products. Google's main products are advertising and user data. They can't be monopolists in markets they're not even participating in.
  - andrepd 9y ago
    Google doesn't participate in the search engine market. Got it. Makes perfect sense.
- interstitial 9y ago
  Forget it Jake, it's SV. All is well that exits well. And google did that.

alexanderstears 9y ago

Google can afford to break the law, small businesses can't. https://www.cnbc.com/2017/06/27/googles-1-billion-fine-what-you-need-to-know.html https://www.cnbc.com/2017/06/27/googles-1-billion-fine-what-... Google broke the law because it was profitable to do so and I'd wager that google came out ahead even after the fine. To the extent that we make it lucrative to break the law, we favor those who can afford the punishment over those who can't.

jgmjgm 9y ago

Anti-trust laws are about leveraging your monopoly in one area of the economy in order to gain an advantage in another. There is nothing wrong with having a monopoly per se as long as it was gained and maintained fairly.

frgtpsswrdlame 9y ago
And by "fairly" you mean literally any business tactic which does not rely on the government?