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Sure... maybe. Do you really think a court process could make those decisions well? I'm not even sure if that would work. Does Google search now have to use ad
by dalbasal 3y ago
Sure... maybe. Do you really think a court process could make those decisions well?
I'm not even sure if that would work. Does Google search now have to use adwords? Will the court mandate the revenue split? Most of both entities' revenue will come from this revenue split. It's almost like spinning off the cash register in a convenience store.
It's just a lot for a court to actually do.
Meanwhile, there's a tension between eliminating monopolism and eliminating market value. A judge's decision could blast $1trn off of Google's value, and cause a general market shock.
Meanwhile, what are consumers getting out of this? Advertisers are not going to have more choice. There will be no competition induced price reductions. What's the goal here? Justice?
This stuff is basically industrial policy. To have industrial policy, we need to do industrial policy. Can't just let courts handle the whole thing.