4 ms·
Google owns like, 90% of the market. If you are going to argue that there are other players, like Bing and ... whoever else there is, then I'm not buying that.
by As_You_Wish 4y ago
Google owns like, 90% of the market. If you are going to argue that there are other players, like Bing and ... whoever else there is, then I'm not buying that.
Amazon should be broken up, even though there are tons of other people with online stores. Amazon is a monopoly at what they do.
And even when there are 2,3,4 competitors, one has to have governmental regulators to make sure there's no collusion, which effectively makes a monopoly.
As far as tiktok goes, it is banned mainly because it is a Chinese company and they are collecting data on US citizens. And China is a dick, so that's why banned.
While this is somewhat off topic, as far as China goes, I'd put super harsh limits on everything that they do here. I'd make them follow the exact same rules that they make others follow in their country. China is ALL about forced partnerships, for example. with forced partnerships, so that they can steal IP. One of the conditions of working in China is FORCED transfer of technology. Foreign banking, telecom, payment systems are not allowed. China has banned Facebook and Google. China requires all foreign fund management companies to set up an internal unit for supervision by the Chinese Communist Party. So this applies to companies like Blackrock Fidelity, etc. So Tiktok isn't a particularly good example for me.