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Tech is omnipresent, is flush with cash that it frequently uses to disrupt (drive existing businesses out and then monopolize) and has an outsize influence on p

Tech is omnipresent, is flush with cash that it frequently uses to disrupt (drive existing businesses out and then monopolize) and has an outsize influence on people. It absolutely should be first on the list for anti trust action. and it’s Lina Khan.

xgl5k 3y ago
Most of the disruption is done by startups not the big companies. The influence is nowhere near as negative as the impact from the other industries I mentioned. They gained gained market share by providing better goods and services than the alternatives. Still, there are viable alternatives to essentially every good or service provided by these companies.
fallingknife 3y ago
The only actual monopoly in the tech industry is Google search. There is also a very concerning duopoly with Google / Apple app stores controlling all software loaded on mobile OS that needs to be forced to allow alternate channels. Besides that, I can't think of anything in tech that is actually a concerning monopoly. Amazon has no such monopoly position in e-commerce. The market share really isn't that big.
- xgl5k 3y ago
  Even with Google search being so dominant, there are alternatives like DuckDuckGo, Bing, Yahoo. Many people are also starting to use ChatGPT as an alternative to some of the things they used search engines for. On Android you can sideload apps, install alternate app stores. Implying these companies are monopolies is an overstatement.