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All of them are too big and we need someone like Teddy Roosevelt going on trust busting crusade. This is the second position of POTUS that I agree with (first b
by throwaway_trust 8y ago
All of them are too big and we need someone like Teddy Roosevelt going on trust busting crusade. This is the second position of POTUS that I agree with (first being merit based immigration, as I'm myself an immigrant). In a weird sense, I think POTUS may achieve it as he is all about anti-establishment.
Now why do I think they deserve Sherman Antitrust investigations (and IANAL).
All of them have control over people's different dimensions of data that nobody has.
- Amazon: With acquisition of Whole Foods they control retail like nobody. Yes, Walmart is trying to make a dent. So does best buy. But they have pretty much monopoly over e-books business when it comes to publishing. Apple already had eBooks settlement.
- Google: They make or break Internet with control over gateway (Chrome), Search (gatekeeper, and promoting their own content) and monetization (Google Doubleclick/Adx is majority of share in ad-tech market for on-walled garden s, good luck competing against it). Given their control and 1B users across multiple platforms they constantly engage in anti-competitive behavior. Read about rise of header bidding and how AdX used to anti-competitive in ad-tech. Google's ad-tech division needs to thoroughly investigated over anti-competitive behavior.
Secondly, Android is free but Google has iron grip over Android using play store. I think gated App Stores are inherently anti-competitive and not in best interests of users and developers. OS should allow multiple app stores and DoJ should go after this. Fortnite already tried to highlight this issue.
Facebook - I think Facebook might be spared as for social they are not the only platform. But given their data scandals
Apple - As I said app stores are inherently anti-competitive. Same thing applies here like Android.
Anyway, these companies can make or break business with their anti-competitive practices. As discussed in another comment, Sherman Antitrust Act doesn't apply in monopoly positions but against businesses that may stifle overall competitive behavior. I strongly believe these companies are even more scarier in telcos as they are wolves in sheep's clothing and always try to play nice.
- faitswulff 8y ago> Android is free but Google has iron grip over Android using play store I think this is undeniable in practice, but Google could claim that because Android also has F-Droid and the like, it allows multiple app stores.
- MBCook 8y agoI agree that they need regulation probably never should’ve been allowed to get as big as they are. The near total lack of oversight as they’ve come to control giant portions of the economy is pretty worrying. That’s sad I can’t agree with Trump on this because I know that he’s doing it for completely the wrong reasons. He sees them as political enemies and he wants them suppressed/controlled. I don’t believe he actually cares how big they are. That’s just the excuse. This isn’t a “stopped clock is right twice a day“ thing. You could come up with other reasons that I don’t necessarily agree with, say “tax dodging“, that I wouldn’t mind. If I agree with the goal and reason is just, even if it’s not my reason, that could be fine. There was something relatively small Trump did that I agreed with on these lines, though I don’t remember what it was. This is a pure authoritarian threat. You don’t tie my line so I’ll find some justification to make you’re life hell.
- kart23 8y agoJust wondering, how is immigration not merit based right now?
- deleted 8y ago[deleted]
- majos 8y agoFrom last week's issue of The Economist [1]: "Of the 1m green cards (permanent residence visas) issued [in the US] each year, only 15% are granted because of the applicants' skills, notes John Dearie of Startups USA, a pressure group; in Australia the figure is 68%." [1] https://www.economist.com/briefing/2018/08/25/governments-need-better-ways-to-manage-migration https://www.economist.com/briefing/2018/08/25/governments-ne...
- sharkmerry 8y agoThats just green cards though it seems. doesnt mention H1B's, etc
- mjevans 8y agoI would rather have 0 H1Bs and all those numbers converted straight to green cards so that immigrants were able to join unions and otherwise compete without fear of being sent to some other country just because they had even a minor disagreement with their current employer.
- BookmarkSaver 8y ago>first being merit based immigration Except that to him and his supporters, "merit" is really just code for "skin color". They don't want Hispanics, period. To the point where they are apparently willing to go after natural-born Hispanic citizens on the sketchy basis that they might be fraudulent (of course actually bothering to investigate isn't necessary).
- Fellshard 8y agoHope you've got evidence for that.
- diegoperini 8y agoHope he/she has got none.
- bigmit37 8y agoThis is one I’ve read about recently : https://www.washingtonpost.com/amphtml/world/the_americas/us-is-denying-passports-to-americans-along-the-border-throwing-their-citizenship-into-question/2018/08/29/1d630e84-a0da-11e8-a3dd-2a1991f075d5_story.html https://www.washingtonpost.com/amphtml/world/the_americas/us...
- nickik 8y agoYeah lets just habe a warmongering politican who randomly destroyes companies based on who his political friends and enemies are. Peoples over romatezised history of Anti-Trust is ridicouluse. It was mostly a way for buissness that were outcometed based on price to try to use government power to their advantage. The fist state level Anti-Trust law was basically butchers who were angry at the invention of the frozzen rail transport and slaughterhouses. And when you want to talk about Anti-Trust on the internet you should actually know how it is applied today. Anti-competetive actions are simply not going to make an Anti-Trust case. An Anti-Trust case requeres clear harm to consumers. So if Whole Food would triple its prices because nobody else can compete in that market then you might have an Anti-Trust case. Most of your list is simple "Things I dont like".