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Only online marketplace? Why not physical too? Walmart? Then why not telecom? By the same logic shouldn't Comcast no longer be allowed to own NBCUniversal?
by dmoy 7y ago
Only online marketplace? Why not physical too?
Walmart?
Then why not telecom? By the same logic shouldn't Comcast no longer be allowed to own NBCUniversal?
Or for media - would Disney not be allowed to launch their new video platform thing? Does Newscorp also have to be broken up? Certainly they have platforms for distributing media, but also a staggeringly large amount of content being generated.
- davinic 7y agoWalmart doesn't have a physical marketplace. A marketplace implies multiple sellers, and Walmart is the only seller at their B&M locations.
- deleted 7y ago[deleted]
- dmoy 7y agoAh sorry for walmart I meant their online marketplace. I guess my first reply was sort of incoherent, I was thinking along three separate lines: 1. why only online, and not also physical? (Are there just not large enough physical marketplaces?) 2. What about walmart (in the context of online) - would they need to divest their online marketplace too? 3. What about telecom/media industries? Would they need to be broken up as well?
- chris11 7y agoElizabeth Warren is also targeting telecom. She wants net neutrality, to overturn state laws targeting local governmental plans to build broadband networks, and a public option for broadband. Her stated policy proposal technically doesn't mention breaking up telecom, but it would drastically change the industry. https://www.theverge.com/2019/8/7/20758388/elizabeth-warren-rural-internet-access-broadband-digital-divide-grant-plan https://www.theverge.com/2019/8/7/20758388/elizabeth-warren-...
- unethical_ban 7y agoFor telecom, Comcast probably shouldn't own NBC. Or at least, the FTC should do their job as a competition monitor and use teeth to make sure NBC content doesn't get preferential treatment on Comcast cable/Internet properties.