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In the Internet age, monopolies should be defined in the 2nd degree. It should not be about how many consumers using X anymore. It should be about how many con
by srcreigh 5y ago
In the Internet age, monopolies should be defined in the 2nd degree.
It should not be about how many consumers using X anymore. It should be about how many consumers are related to consumers using X.
The reality is internet network effects create too much concentration of power. The question is how hard is it for a new business to build a dense network? And who profits from it being difficult?
Microsoft's anti-trust charges arrived in 1998, years before endemic Internetification of social interaction and making use of business's services. There were charged for attempting to control the Internet.
Apple's hypothetical anti-trust charges in 2022 would arrive years before endemic open APIs and personal data ownership. They would be charged for attempting to control people's freedom to interact with each other regardless of each others chosen platform.