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Analogies to small businesses do not work because Google distorts the marketplace.
by barneygale 6y ago
Analogies to small businesses do not work because Google distorts the marketplace.
- DiggyJohnson 6y agoThis simple point is perhaps the most critical. When a firm can affect radically affect markets across different sectors, the simplicity of argumentation really breaks down.
- graeme 6y agoSuppose there was no google and no search engines, but the internet remained. What would happen to news? Would people go back to reading print newspapers. Would people start paying premium for newspaper display ads when such ads do not command a premium on other web sites? No. People would find their news as they do now, on twitter, on reddit, via emailed links, via text messages from friends. In what way has google distorted the news market, separate from the internet itself?
- PoignardAzur 6y agoNo, no, no. The internet distorts the marketplace. Google happens to be the wealthiest, most powerful internet companies. Saying "Google distorts the marketplace" hides the fact that none of the internet companies, big or small, would be okay with this. When we invent a refrigerator, the refrigerator companies aren't legally obligated to write checks to ice-diggers for putting them out of work. I don't see why this should be any different.