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While I agree with the ruling, we could use some new laws governing fairness on the Facebook and Google monopolies. These two companies have tremendous politic
by nostromo 7y ago
While I agree with the ruling, we could use some new laws governing fairness on the Facebook and Google monopolies.
These two companies have tremendous political power and I don’t think ignoring that and hoping for the best is a great option for an open society.
The other solution could be to break up FB/Instagram/WhatsApp and Google/YouTube to inject some competition back into these markets.
- pcj-github 7y agoIf YouTube had to survive independently of Google/Alphabet it would look vastly different. Not sure if that is good or bad.
- downerending 7y agoIndeed. Having a corporation as an Orwellian overlord isn't noticeably better than having a government as one.
- Traster 7y agoThe problem we have is that whilst lots of people think that there should be new regulation, no one can agree on what it is and in the mean time you have to contend with: * Both partisans pushing for legislation they can use to beat the other side with * Monopolistic entities such as facebook that intend to use 'regulation' as a moat - writing legislation that only restricts them from doing things they already don't do * Incompetent legislators who don't understand the issues - since they were born before colour tv was invented, let alone smart phones and the internet. And that's before even considering the obvious anti-competitive mergers that have been happening. You talk about breaking up Facebook/Instagram/Whatsapp. Why were they allowed to be sold in the first place.