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Again: I'm talking about news. You keep bringing up a thing that isn't news. What are the terms for news sites? > There's nothing "objectively bad" about forci
by joshuamorton 6y ago
Again: I'm talking about news. You keep bringing up a thing that isn't news. What are the terms for news sites?
> There's nothing "objectively bad" about forcing a bad actor to finally pay up for it's conduct.
Correct. That's why I said, essentially, "if you want them to pay up, tax them". I'm not saying any law that forces tech companies to pay money must be objectively bad. I am saying that this law is. You understand the difference.
> Realistically, the long term answer is to break these companies up, but in the interim, we need to use regulation to force them to pay up in areas where they would have to if they weren't monopolies.
And to do this, you support a bit of regulatory capture that instead directs the funds to a media monopoly. Like I said, it's an objectively bad law.
> One common monopoly practice is called predatory pricing: Where you price so low, you are losing money, temporarily, in order to kill competing businesses
You're actually arguing that the price, free, which Google and Facebook charge is too high, and that they need to further decrease it (by subsidizing the content they aggregate). Is the price too high, or is it predatorily low? You can't argue both sides. If you were really concerned with predatory pricing, you'd be against this law, because it (if applied generally) prevents competitors to Google or Facebook from gaining marketshare, since they can't afford to pay media companies. So as long as the entrenched actors pay the tax, upstarts can't start.
- ocdtrekkie 6y ago> "if you want them to pay up, tax them" Tried that. Your employer as of yesterday has... decided to make the little guys pay for that too: https://www.businessinsider.com/apple-amazon-google-pass-costs-digital-services-taxes-2020-9?op=1 https://www.businessinsider.com/apple-amazon-google-pass-cos... Fundamentally, we're trying a lot of different strategies to fix this, but Google is greatly invested in dodging any sort of responsibility for it's externalities and actions. Perhaps the solution here is to both implement a tax and prohibit harmful over-trillion-dollar-monopolies from raising prices at the same time? But then, they'll say it's unfair that they can't set whatever prices they want. I am not sure Australia's attempt will be any more successful, but it's increasingly becoming apparent we just need to ban these companies from operating, forcibly shut them down, and retire their user-hostile services.