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Google, Facebook, Amazon and Twitter are monopolies and should be broken up. Dominant market share != monopoly For a monopoly, you need anticompetitive p
by JohnBooty 6y ago
Google, Facebook, Amazon and Twitter are
monopolies and should be broken up.
Dominant market share != monopoly
For a monopoly, you need anticompetitive practices. Is Facebook unfairly preventing the success of other social networks? A good example of a monopoly was 90's era Microsoft, which prevented its OEMs from shipping competing operating systems.
Terminology aside, I completely agree with you that we need far, far more choice in the marketplace.
- erdeszt 6y agoAmazon: https://www.cnbc.com/2019/07/17/eu-to-investigate-amazon-over-possible-anti-competitive-practices.html https://www.cnbc.com/2019/07/17/eu-to-investigate-amazon-ove... & https://www.forbes.com/sites/enriquedans/2020/06/13/if-amazon-is-guilty-of-anti-competitive-practices-who-did-it-learn-themfrom/ https://www.forbes.com/sites/enriquedans/2020/06/13/if-amazo... Google: https://finance.yahoo.com/news/google-sued-again-over-anti-010111174.html https://finance.yahoo.com/news/google-sued-again-over-anti-0... & https://www.msn.com/en-us/news/technology/anti-competitive-google/ar-BB1ctniP https://www.msn.com/en-us/news/technology/anti-competitive-g... Facebook: https://medium.com/swlh/facebook-is-killing-the-competition-and-thats-not-new-b5f89542f331 https://medium.com/swlh/facebook-is-killing-the-competition-... & https://thehill.com/policy/technology/529504-state-ags-ftc-sue-facebook-alleging-anti-competitive-practices https://thehill.com/policy/technology/529504-state-ags-ftc-s... Granted these are just lawsuits at the moment and not final verdicts but still it's not hard to see how they don't play a fair game.