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Most of the surpluses from all of these companies go to the consumer. [1] Google is immensely more valuable to people, than the profit it generates for it's in
by jariel 6y ago
Most of the surpluses from all of these companies go to the consumer. [1]
Google is immensely more valuable to people, than the profit it generates for it's investors.
Same for FB etc..
As a more acute example, consider that Amazon doesn't really make any money. They are a giant NGO in a way.
So when the consumer surplus is 100x the producer surplus, hurting the producer doesn't make a whole lot of sense.
There's literally no reason for the French people to use these services, it's fully their choice, and they are fully free.
[1] https://www.economicshelp.org/blog/188/concepts/definition-of-consumer-surplus/ https://www.economicshelp.org/blog/188/concepts/definition-o...