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Folks are always talking about whether tech companies are monopolies or not, and I just don't think we're using the right vocabulary. Why not just create a new
by ajhurliman 6y ago
Folks are always talking about whether tech companies are monopolies or not, and I just don't think we're using the right vocabulary. Why not just create a new legal definition of a platform and create regulations that rein in the companies that fit that description?
Namely, self-preference on the platform (Google, Amazon), false information (Facebook, Twitter), transparency of the source of ads, or in Apple's case usurious rates.
I imagine if platforms came with some regulations, all those folks clambering to "be the Uber of X" would sound about as cool as being a wastewater treatment plant, or a fire station.