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What's interesting about this proposal is it goes after "proprietary marketplaces".[1] Anti-trust has historically focused on breaking up huge companies that ha
by abalone 8y ago
What's interesting about this proposal is it goes after "proprietary marketplaces".[1] Anti-trust has historically focused on breaking up huge companies that have acquired/merged with their competition. She's recognizing that another lever of power in the world: owning the platform.
Lots of tech "monopoly" power comes from network effects. Once you're Google or Amazon you don't necessarily need to buy up all the other search engines or ecommerce platforms. They can't even get off the ground.
Also interesting: she doesn't mention Apple at all. Yet they run one of the biggest platforms, and their cut (which they call "service revenue") is one of the highest growth categories for them.
[1] https://medium.com/@teamwarren/heres-how-we-can-break-up-big-tech-9ad9e0da324c https://medium.com/@teamwarren/heres-how-we-can-break-up-big...