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It's not just Bezos or other billionaires, but the companies themselves. Most of the "Big Tech" players have been allowed to grow so much because there hasn't b
by mtgx 8y ago
It's not just Bezos or other billionaires, but the companies themselves. Most of the "Big Tech" players have been allowed to grow so much because there hasn't been any anti-trust enforcement, and if there was, it was ineffective and too late.
Plus, when new regulations do arrive, the big monopolists are allowed to keep all of the money they've made through the monopoly abuse, but shutting everyone else off from the same thing that made the big monopolists big in the first place.
So for instance GDPR - it's a good and needed law. The problem is Google and Facebook get to keep all of the money they've made from their privacy abuse so far, but nobody else can get as big as them doing the same thing. And now Google and Facebook and deploy that money to take out the smaller competitors. This is a failure of government and anti-trust policy, too.