4 ms·
Google's brand protection racket [1] and manipulation of ad exchanges [2] has resulted in lost economic activity. Apple's crippling of the iOS ecosystem [3] has
by maxwell 5y ago
Google's brand protection racket [1] and manipulation of ad exchanges [2] has resulted in lost economic activity. Apple's crippling of the iOS ecosystem [3] has resulted in lost economic activity. Breaking them up should raise overall economic activity, nationally and globally, along with actually increasing the value of the Baby Googs and Apple Seeds, as previously with Standard Oil and, until allowed to reassemble in '96 [4], AT&T.
I would think that index funds vs. individual stocks would translate to investors caring less about particular firms and more about economic activity and the resulting increases in asset values.
Pressured out of office? Most U.S. politicians have now spoken out against Big Tech, the Department of Justice and several states have active antitrust suits, a House report concluded that Amazon, Facebook, Apple, and Google have monopoly power and should be split up [5], etc.
1. https://altitudemarketing.com/blog/competitors-buying-my-name-google-ads https://altitudemarketing.com/blog/competitors-buying-my-nam...
2. https://www.wired.com/story/google-antitrust-ad-market-lawsuit https://www.wired.com/story/google-antitrust-ad-market-lawsu...
3. https://docs.house.gov/meetings/JU/JU05/20190716/109793/HHRG-116-JU05-20190716-SD036.pdf https://docs.house.gov/meetings/JU/JU05/20190716/109793/HHRG...
4. https://en.wikipedia.org/wiki/Telecommunications_Act_of_1996#Claims_made_in_opposition_to_the_Act https://en.wikipedia.org/wiki/Telecommunications_Act_of_1996...
5. https://arstechnica.com/tech-policy/2020/10/house-amazon-facebook-apple-google-have-monopoly-power-should-be-split https://arstechnica.com/tech-policy/2020/10/house-amazon-fac...