4 ms·

Google doesn't even have 50% of the online ad market. Nor does Amazon even have 50% of the e-commerce market... It's like saying Boeing has a monopoly on airpl

Google doesn't even have 50% of the online ad market. Nor does Amazon even have 50% of the e-commerce market... It's like saying Boeing has a monopoly on airplanes, when actually they can be said to have a local monopoly within a few hundred km of Seattle.

worik 3y ago
> Google doesn't even have 50% of the online ad market IIRC Google controls about 90% of the online ad market out side the walled gardens like Facebook.
fzeroracer 3y ago
Amazon absolutely does have a monopoly, which has been evident in how their free shipping guarantee has warped prices to factor in the cost of shipping as a hidden fee (see: previous discussion [1]) across the board. [1] https://news.ycombinator.com/item?id=27333933 https://news.ycombinator.com/item?id=27333933
- MichaelZuo 3y ago
  This doesn't prove that whatsoever. If you believe it constitutes as proof then can you demonstrate the line of reasoning?
deleted 3y ago
[deleted]
AlbertCory 3y ago
Playing with words. Amazon has absolutely dominant power, as does Google. Boeing has a worldwide duopoly. It's inconceivable that any forum dominantly by Apple, Microsoft, Alphabet/Google, Amazon, Meta/Facebook, Eli Lilly, Visa, Novo Nordisk, Walmart, ExxonMobil, JP Morgan Chase, Johnson and Johnson, LVMH Moët Hennessy Louis Vuitton and Saudi Basic Industries (SABIC) is ever going to propose anything to threaten that power.
- MichaelZuo 3y ago
  I'm using the dictionary definition. If you want to play with words, feel free.
  - AlbertCory 3y ago
    Maybe study an econ textbook, too?
    - MichaelZuo 3y ago
      Playing word games and various other back and forth games is futile, but if you really want to...
      - AlbertCory 3y ago
        was Microsoft a monopoly in 1998?
        MichaelZuo 3y ago
        > Playing word games and various other back and forth games is futile... You've already shown to be not entirely genuine in writing comments, so this seems like digging a hole. I'll give you another chance to come clean and engage productively, will you do so?
        AlbertCory 3y ago
        That WAS productive, but since you can't see it, there's probably no point in engaging with you any further. TTFN
        MichaelZuo 3y ago
        People can tell when someone's not being entirely genuine in formulating questions... I don't want to burst your bubble but it really is just better to be upfront and genuine.
bsder 3y ago
50% is already too large. The problem is that if that dominant player does something (like raise prices), you cannot escape them. The rest of the market does not have the ability to absorb all the people who would like to flee the dominant player. The problem is Always Late(tm) inventory combined with process optimization. No competitor has significant inventory or excess capacity, so nobody can respond to sudden consumer changes. Covid toilet paper shortages were a great example: industrial toilet paper suppliers were unable to deal with the shift to consumer and consumer toilet paper suppliers were unable to deal with the demand shock. What the number should be is up to some interpretation, but I suspect that no market should ever allow a player with more than 25% market share no matter how you define "market".
- latency-guy2 3y ago
  That's a lot of literary devices.
8note 3y ago
Boeing's monopoly on airplanes was enough to shut down bombardier based in a different country
- MichaelZuo 3y ago
  No? Nothing was 'shut down' for a single day from what I understand. Boeing had enough sway to make teaming up with Airbus, and eventually selling to them, attractive but it's bizarre to think they could physically 'shut down' production lines in other countries.

worik 3y ago

> Google doesn't even have 50% of the online ad market IIRC Google controls about 90% of the online ad market out side the walled gardens like Facebook.

fzeroracer 3y ago

Amazon absolutely does have a monopoly, which has been evident in how their free shipping guarantee has warped prices to factor in the cost of shipping as a hidden fee (see: previous discussion [1]) across the board. [1] https://news.ycombinator.com/item?id=27333933 https://news.ycombinator.com/item?id=27333933

MichaelZuo 3y ago
This doesn't prove that whatsoever. If you believe it constitutes as proof then can you demonstrate the line of reasoning?

deleted 3y ago

[deleted]

AlbertCory 3y ago

Playing with words. Amazon has absolutely dominant power, as does Google. Boeing has a worldwide duopoly. It's inconceivable that any forum dominantly by Apple, Microsoft, Alphabet/Google, Amazon, Meta/Facebook, Eli Lilly, Visa, Novo Nordisk, Walmart, ExxonMobil, JP Morgan Chase, Johnson and Johnson, LVMH Moët Hennessy Louis Vuitton and Saudi Basic Industries (SABIC) is ever going to propose anything to threaten that power.

MichaelZuo 3y ago
I'm using the dictionary definition. If you want to play with words, feel free.
- AlbertCory 3y ago
  Maybe study an econ textbook, too?
  - MichaelZuo 3y ago
    Playing word games and various other back and forth games is futile, but if you really want to...
    - AlbertCory 3y ago
      was Microsoft a monopoly in 1998?
      - MichaelZuo 3y ago
        > Playing word games and various other back and forth games is futile... You've already shown to be not entirely genuine in writing comments, so this seems like digging a hole. I'll give you another chance to come clean and engage productively, will you do so?
        AlbertCory 3y ago
        That WAS productive, but since you can't see it, there's probably no point in engaging with you any further. TTFN
        MichaelZuo 3y ago
        People can tell when someone's not being entirely genuine in formulating questions... I don't want to burst your bubble but it really is just better to be upfront and genuine.

bsder 3y ago

50% is already too large. The problem is that if that dominant player does something (like raise prices), you cannot escape them. The rest of the market does not have the ability to absorb all the people who would like to flee the dominant player. The problem is Always Late(tm) inventory combined with process optimization. No competitor has significant inventory or excess capacity, so nobody can respond to sudden consumer changes. Covid toilet paper shortages were a great example: industrial toilet paper suppliers were unable to deal with the shift to consumer and consumer toilet paper suppliers were unable to deal with the demand shock. What the number should be is up to some interpretation, but I suspect that no market should ever allow a player with more than 25% market share no matter how you define "market".

latency-guy2 3y ago
That's a lot of literary devices.

8note 3y ago

Boeing's monopoly on airplanes was enough to shut down bombardier based in a different country

MichaelZuo 3y ago
No? Nothing was 'shut down' for a single day from what I understand. Boeing had enough sway to make teaming up with Airbus, and eventually selling to them, attractive but it's bizarre to think they could physically 'shut down' production lines in other countries.