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> No business is entitled to a comfortable monopoly. The idea that Google should pay a tribute to traditional media where the amount is entirely at the discreti
by tannhaeuser 6y ago
> No business is entitled to a comfortable monopoly. The idea that Google should pay a tribute to traditional media where the amount is entirely at the discretion of media giants because the internet can do everything the old press did better just serves to maintain entrenched old interests.
That's a completely false dichotomy. It's not "the internet" that's benefitting from ad spent, but only Fb and Google, while everyone else goes bankrupt. And if there's a "comfortable monopoly" and "media giant", then it's Google and Fb, not the other way around. The AU case is special, though, because of the media concentration in a single hand.