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Innovative companies on their own are not really innovative really. A monopoly enforces their opinion and product in the world. If you don't like their price or

Innovative companies on their own are not really innovative really. A monopoly enforces their opinion and product in the world. If you don't like their price or approach too bad for you. You are kept out of the game (it is a monopoly right). As has been mentioned a bunch of times here, Google and Facebook have all too naturally embraced Microsoft's (and prior monopolies' ) approach of embrace, extend, and extinguish. There were at least 2-3 articles this week about the games Google plays (e.g. youtube loading faster on Chrome due to Google going ahead with their own suggested implementation without consensus). I don't think there is any economic model out there that even argues monopolies are a good idea in some fashion.

HillaryBriss 8y ago
> If you don't like their price or approach too bad for you. You are kept out of the game yes, basically true, i think. the article says Google spent more money on lobbying last year than any other corporation... why does Google think that spending money in this way is useful? what does Google get in return? how does Google explain to shareholders that this is not a waste?
- stuckinarut 8y ago
  Are those rhetorical questions cause it seems liek the answer is pretty obvious in this context.
  - HillaryBriss 8y ago
    i think it depends upon the reader. a skeptical journalist or consumer might immediately conclude that Google is unfairly influencing government to create an unlevel playing field. but i'm genuinely curious to hear how Google would spin it.
- adventured 8y ago
  > why does Google think that spending money in this way is useful? It's not useful, it's required. You have two choices. You can do the equivalent of what Microsoft did for a long time, and hide in the Pacific Northwest and pray that the Monster in DC just leaves you alone, while all of your competitors lobby to have you destroyed. You will not be left alone no matter what, if you achieve that kind of success, no matter how you achieve it. The only rational choice, is to get in the game and try to influence the outcome, which is what all of your competitors are going to be doing. Microsoft learned that very painful lesson after waiving at the US Government for years and thinking they could ignore what was going on with their competitors lobbying. Google learned from Microsoft's mistake, and got in almost immediately once their position became dominant. With the politics in DC, you're either in it defending your position, or you're dinner being served up by your competitors who are very aggressively in it and trying to use the political machine against you as a weapon. The US has a $7 trillion government system top to bottom, one third the size of the economy. There's no avoiding that.
  - eftychis 8y ago
    Unfortunately, I agree that lobbying has become another "tax" to be paid, consequently a "tax" to the consumers. Tangent: I still don't understand how people find lobbying natural and a good idea.
  - sib 8y ago
    "Just because you do not take an interest in politics doesn't mean politics won't take an interest in you." -Pericles (or maybe Trotsky)
mrep 8y ago
> Youtube loading faster on Chrome due to Google going ahead with their own suggested implementation without consensus Are they blocking other browsers from utilizing said efficient tool because claiming that they are purposefully slowing other browsers is disingenuous as they are almost certainly just optimizing efficiency between their various products (chrome and youtube). Blaming google for optimizing their systems without supporting every other possible system under the sun is beyond ridicules. Nobody has the engineering capacity to perfectly optimize their services for every use case.

HillaryBriss 8y ago

> If you don't like their price or approach too bad for you. You are kept out of the game yes, basically true, i think. the article says Google spent more money on lobbying last year than any other corporation... why does Google think that spending money in this way is useful? what does Google get in return? how does Google explain to shareholders that this is not a waste?

stuckinarut 8y ago
Are those rhetorical questions cause it seems liek the answer is pretty obvious in this context.
- HillaryBriss 8y ago
  i think it depends upon the reader. a skeptical journalist or consumer might immediately conclude that Google is unfairly influencing government to create an unlevel playing field. but i'm genuinely curious to hear how Google would spin it.
adventured 8y ago
> why does Google think that spending money in this way is useful? It's not useful, it's required. You have two choices. You can do the equivalent of what Microsoft did for a long time, and hide in the Pacific Northwest and pray that the Monster in DC just leaves you alone, while all of your competitors lobby to have you destroyed. You will not be left alone no matter what, if you achieve that kind of success, no matter how you achieve it. The only rational choice, is to get in the game and try to influence the outcome, which is what all of your competitors are going to be doing. Microsoft learned that very painful lesson after waiving at the US Government for years and thinking they could ignore what was going on with their competitors lobbying. Google learned from Microsoft's mistake, and got in almost immediately once their position became dominant. With the politics in DC, you're either in it defending your position, or you're dinner being served up by your competitors who are very aggressively in it and trying to use the political machine against you as a weapon. The US has a $7 trillion government system top to bottom, one third the size of the economy. There's no avoiding that.
- eftychis 8y ago
  Unfortunately, I agree that lobbying has become another "tax" to be paid, consequently a "tax" to the consumers. Tangent: I still don't understand how people find lobbying natural and a good idea.
- sib 8y ago
  "Just because you do not take an interest in politics doesn't mean politics won't take an interest in you." -Pericles (or maybe Trotsky)

mrep 8y ago

> Youtube loading faster on Chrome due to Google going ahead with their own suggested implementation without consensus Are they blocking other browsers from utilizing said efficient tool because claiming that they are purposefully slowing other browsers is disingenuous as they are almost certainly just optimizing efficiency between their various products (chrome and youtube). Blaming google for optimizing their systems without supporting every other possible system under the sun is beyond ridicules. Nobody has the engineering capacity to perfectly optimize their services for every use case.