3 ms·
I fear that we are moving towards a future that is shaped by monopolies (or the "digitalisation" supports monoposlistic strategies). If you read the slides, you
by LeanderK 9y ago
I fear that we are moving towards a future that is shaped by monopolies (or the "digitalisation" supports monoposlistic strategies). If you read the slides, you notice that GM understands that by controlling everything (manufacturing the car, supply chain, the app) it makes more profits. I think that there is a trend in many industries towards monopolies, if you for example look at amazon or google. I don't think it's healthy and I am convinced that there is not enough awareness to tame these giants.
- rastapasta42 9y agoVertical integration can have some benefit for consumers by optimizing the pipeline and cutting down costs. In digital companies such as Google, it enables creation of integrated experiences. For example: having their own web browser enables Google to utilize better compression algorithms and minimize bandwidth. But horizontal monopolies (such as ISPs) have no benefit to society and only stale innovation.
- pythonaut_16 9y agoVertical integration shouldn't be an outright concern. Even if GM can integrate its entire supply chain, if they're still competing with other companies the consumer should come out alright in the end. If monopolies start to hurt consumers then we can hope that the anti-trust regulators will step in, and hopefully in the case of a car manufacturer the anti-trust violations would be well defined enough for regulators to actually act.