3 ms·
> Not sure what can be done though. Antitrust stuff is really the last resort, and it's not a guarantee that it will even happen. In the EU it probably will I g
by leppr 7y ago
> Not sure what can be done though. Antitrust stuff is really the last resort, and it's not a guarantee that it will even happen. In the EU it probably will I guess. USA not do sure.
Most regulations seemingly aimed at taming monopolies only end up reinforcing them, because megacorps have the means to circumvent/malleate regulations, while small firms do not.
The common-sense implicit mental model of the commercial playing field is a flat market with relatively fixed rules, with an enforcer of market rules (the state). Such a playing field would naturally disfavor unfair monopolies (i.e. those that aren't based on network effects, economies of scale, or superior talent).
Obviously, reality is very different: the market rules can be rewritten, and the entity in charge of rewriting them is itself a monopoly. So to prevent unfair monopolies, we would have to make that common-sense mental model a reality, which entails reworking national governance itself.
- modo_mario 7y agoPeople need to stop putting the bar for anti-competitiveness at monopoly. It just creates an artificial ceiling Microsoft saved apple. AMD and Intel. Etc You get selfmaintained duopolies instead. And to grow they just go into other markets. Sure google doesn't have a search or add monopoly. Can't grow much anymore in those fields because of the rules? Use your dominance to crack other fields, every field. Microsoft was so close to being broken up for this long ago but now everyone does it...so why do we allow it?