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I do care about companies that abuse their position as a monopoly. I think its probably right that Google gets fined for not allowing companies to sell Android
by Veelox 8y ago
I do care about companies that abuse their position as a monopoly. I think its probably right that Google gets fined for not allowing companies to sell Android forks. What I have a problem with is that if a company is doing some standard business practice, like paying a different company to exclusively use their product, that is okay when they are a not a monopoly but that suddenly become not okay because they have been successful.
- ionised 8y agoBecause a monopoly is a special status that infers special powers and special responsibilities. I'm not sure what is so hard to understand in that.
- Veelox 8y ago>Because a monopoly is a special status that infers special powers and special responsibilities. In principal I have a problem with legally treating a company different if they have 85% market share as opposed to 30%. I am okay with making anti-competitive practices illegal but we should also enforce those on small companies.
- jakebasile 8y agoThe idea is that it is almost by definition more difficult or impossible for a small player to conduct anti-competitive practices, since there are other competitors to choose from.
- Anagmate 8y agoif the practices used by the company were so bad and abusive, shouldn't the customers just move to another company? Voila, problem solved, the company no longer has monopoly.
- maym86 8y agoYes, laws are in place to to protect customers from abuse of monopoly power. In this case specifically using that power to hurt competition unfairly. If the company is successful and doesn't abuse that success then no one gets fined. Using that success to unfairly hurt competition from a monopoly position needs to be prevented for a free market to function.