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I don't agree, but I think it's an example of rules that could be applied selectively to megacorps. Banning supermarkets from selling hot coffee, so to speak, i
by dalbasal 5y ago
I don't agree, but I think it's an example of rules that could be applied selectively to megacorps. Banning supermarkets from selling hot coffee, so to speak, is a problem.
It's also a problem on the megacorp scale. If Google wasn't allowed to do gmail, android and such, would we have been better off? That said, if we're only talking about a handful of megacorps, there's no need to be abstract or simple with rules. There are lots of ways to keep them in a lane.
Android, Youtube & adwords are great candidates for IPO. Why not force a float? This immediately fixes most of the issues so far demonstrated in court. It compensates AlphaGoog at market rates, preserves an incentive to innovate...
Before that though... ban mergers! Reverse merges. The whole foods acquisition is a worrying one. The "multiple" discrepancies between amazon and regular retail is so high that there's an arbitrage-like force pushing towards these acquisitions. Tesla & other auto manufacturers are a similar scenario.
Consider this... Acquiring the entire publicly traded retail sector would dilute Amazon's shares by circa 25%-50%, most of that going to Walmart and Costco. They could buy the fashion/apparel industry with petty cash. They could acquire UPS. That would make other online retailers compete with amazon like Google competes with its search partners... same logic as amazon marketplace, but more.