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Can you provide some examples there support this claim of a "winner-takes-it-all economy"?
by mfatica 7y ago
Can you provide some examples there support this claim of a "winner-takes-it-all economy"?
- pennaMan 7y agoFacebook, Apple, Amazon, Netflix and Google should suffice.
- free652 7y agoAll of them complete between themselves, that's a bad example.
- TheOtherHobbes 7y agoI wasn't aware Facebook has its own hardware ecosystem or music delivery store, Google does grocery deliveries, and Apple runs its own open import and reseller market. The "competition" is pretty nominal at this point. The areas of competitive overlap are much smaller than the areas of monopolistic market dominance.
- Pungsnigel 7y agoThey compete between themselves and also has several external competitors?
- FDSGSG 7y agoFacebook has a plenty of competition in the social media space, Apple certainly isn't the only hardware manufacturer, Amazon has competition everywhere and so does Netflix. Google hardly runs the only ad network. None of these companies are taking it all.
- johneth 7y ago> Facebook has a plenty of competition in the social media space Please give some examples.
- FDSGSG 7y agoWeChat, QQ, Snapchat, Twitter, TikTok, Discord, VK, Telegram, Reddit and presumably many more I'm forgetting.
- ricardobeat 7y agoGoogle + FB + Amazon will own 70%+ of digital advertising this year.
- FDSGSG 7y agoWell, that sounds like the exact opposite of winner-takes-it-all.
- ionised 7y agoThankfully, the EU disagrees with you as do a growing number of people around the world.
- FDSGSG 7y ago> Thankfully, the EU disagrees with you The EU doesn't disagree with me. Some people involved may be asking questions, but that doesn't mean that the EU disagrees with me. If the EU disagreed with me we'd know, as they'd be taking action against these companies.
- brokensegue 7y agotop three winners take 70%. That sounds like most industries nowadays. More healthy than telecom or film I'd guess.
- kingnothing 7y agoFacebook controls 70% of social media Amazon has 50% of all e-commerce spend in the US. Netflix put Blockbuster and every other movie rental store out of business. It currently has 50% of all video streaming traffic in the US. Google has 80% of the search market. I'm not so sure about what Apple monopolizes, but they do have a duopoly in the app store space with Google.
- cameronbrown 7y ago> Google has 80% of the search market. Facebook controls 70% of social media. Wrong way to think about this. If you talk about advertising monopoly, sure. But you'd be hard-pressed to make an argument on a monopoly of free products. > Netflix put Blockbuster and every other movie rental store out of business. That's because Blockbuster was, quite frankly, shit. They failed to adapt to the internet. So what? Times move on. Netflix is far far better for consumers. Something isn't a monopoly just because it's popular.
- austhrow743 7y ago>Something isn't a monopoly just because it's popular. If you're a state missing out on tax because the options that provide it to you are unpopular it sure is. This isn't a discussion about consumers.
- mfatica 7y ago> Amazon has 50% of all e-commerce spend in the US. So 50% == all?
- AlchemistCamp 7y agoNetflix? Its entire business is basically the equivalent of one of Amazon's side experiments!