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> With one flip of a switch, Apple wiped out hundreds of billions of dollars. The entire business of a company. This is monopoly. You can easily re-frame this

> With one flip of a switch, Apple wiped out hundreds of billions of dollars. The entire business of a company. This is monopoly. You can easily re-frame this as: with the flip of a switch Apple single handedly stopped anti-consumer practices by some of the most manipulative and nefarious companies in the world, like Facebook. Companies don’t have some inherent right to exist. Facebook turned off their game integrations and killed thousands of companies overnight. And that doesn’t make either a monopoly. None of your statements add up to the other. > At no point in American history has a company had this much power. This is funny. Google has more power by a large margin (influencing opinion, killing off entire industries on a nearly yearly basis), and has engaged in much more nefarious anti-competitive behavior.

runevault 4y ago
It is good Apple (and Google since last I heard they put similar functionality in place or would be soon) are doing this. That doesn't remove the concern that one or two companies deciding to do something can be so damaging to another megacorp who isn't competing in the same space really. Both can be true, speaking as someone who doesn't care for FB or Apple (or Google really either but to have a smartphone you basically have to pick one of the two).
- lotsofpulp 4y ago
  > That doesn't remove the concern that one or two companies deciding to do something can be so damaging to another megacorp who isn't competing in the same space really. Why is this a problem? If a business does something that obviated another business, that is the obviated business’s problem. Websites and computers displaced travel agents, streaming displaced cable/satellite tv middlemen, etc. If a business suffers because they are providing less utility to customers than another business, that is a sign of a functioning market.
- nwienert 4y ago
  They should be damaging each other more if anything, I see 0 problem with that. Apple launching a search engine would be the best possible thing for the world any of these companies could do, given how terrible Google has become. And Google is by far the worst of the bunch, closest to 1984 mixed with some of the worst of old Microsoft and a splattering of pure degradation of societal fabric though incessant advertising. They have no taste, no ideals, they have suffocated all competition in the most important industry we have (information gathering) systematically and then turned the entire thing into pay to play.

runevault 4y ago

It is good Apple (and Google since last I heard they put similar functionality in place or would be soon) are doing this. That doesn't remove the concern that one or two companies deciding to do something can be so damaging to another megacorp who isn't competing in the same space really. Both can be true, speaking as someone who doesn't care for FB or Apple (or Google really either but to have a smartphone you basically have to pick one of the two).

lotsofpulp 4y ago
> That doesn't remove the concern that one or two companies deciding to do something can be so damaging to another megacorp who isn't competing in the same space really. Why is this a problem? If a business does something that obviated another business, that is the obviated business’s problem. Websites and computers displaced travel agents, streaming displaced cable/satellite tv middlemen, etc. If a business suffers because they are providing less utility to customers than another business, that is a sign of a functioning market.
nwienert 4y ago
They should be damaging each other more if anything, I see 0 problem with that. Apple launching a search engine would be the best possible thing for the world any of these companies could do, given how terrible Google has become. And Google is by far the worst of the bunch, closest to 1984 mixed with some of the worst of old Microsoft and a splattering of pure degradation of societal fabric though incessant advertising. They have no taste, no ideals, they have suffocated all competition in the most important industry we have (information gathering) systematically and then turned the entire thing into pay to play.