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To give but one example, the EU had a Youtube rival, Dailymotion, which was doing quite fine, until Google bought Youtube and used its immense power to artifici
by rtsil 4y ago
To give but one example, the EU had a Youtube rival, Dailymotion, which was doing quite fine, until Google bought Youtube and used its immense power to artificially sustain it despite its massive losses. Youtube didn't prevail because of innovation or competitivity, but because of the massive weight thrown around by Google as a conglomerate.
The same thing would happen with Spotify right now, if it's not protected. Amazon, Apple and Google don't need music to make money, they don't need to be competitive in that sector to sustain their music activity, they can just use their quasi-monopoly in other sectors to kill all the other players.
- ksec 4y agoOn the last part, I don’t think there are any thing inherently wrong when a bigger player is applying massive pressure. Such as the mentioned need of earning money from the those services. What I have a problem is certain most righteous company on the planet are claiming Spotify as evil because they paid less to labels / singers etc.