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That's such a nonsense argument; one could apply the same argument to Amazon's products by using their third-party sellers to do product research for them. Why
by null_investor 2y ago
That's such a nonsense argument; one could apply the same argument to Amazon's products by using their third-party sellers to do product research for them. Why even try to invent a better vacuum cleaner if both Chinese copycats and Amazon itself will eat your pie? This is clearly monopolist and anti-competitive behavior.
I'm sure we'd have many more VCs investing in such industries if they'd believe there's any money to be made there, but there isn't because Amazon will eat whatever margin there is.
It's so stupid that I recognized that this would happen more than a decade ago and had a free ride on Amazon stocks that likely most VCs never did, even with ZIRP.
Apple, Amazon, and others are clearly abusing their market position. Governments should regulate those companies so they can only operate in their area of interest.
Apple shouldn't be allowed to make apps, only to publish APIs that would make it possible to make more interesting apps. If you've ever tried making apps, you'd know how limited what they offer in comparison to the data and possibilities your phone has. Check their phone usage API as an example, it's virtually null. They'll keep using the excuse that they can handle your data better than third party apps, all their narrative is about making them bigger.
- delfinom 2y ago>That's such a nonsense argument; one could apply the same argument to Amazon's products by using their third-party sellers to do product research for them. Why even try to invent a better vacuum cleaner if both Chinese copycats and Amazon itself will eat your pie? In the space of consumer retail, your business differentiation is marketing and pricing scheme. What Amazon does isn't even new, people are getting upset over it because the media is bored and they are paid off by Walmart and co. But retailers have been doing the _exact_ same thing as Amazon does for decades before, with Walmart being the biggest player. It actually gets funnier because even "bidding for the buybox" that Amazon does is just repeating "bidding for the shelf space" that all retailers have done for a long time (eye level shelves are more desirable). And marketing and pricing applies to even beyond selling through big retailers. Tons of more unique things get Chinese copycats, it's branding, support and continued innovation that keeps those companies afloat. >Apple shouldn't be allowed to make apps, only to publish APIs that would make it possible to make more interesting apps. If you've ever tried making apps, you'd know how limited what they offer in comparison to the data and possibilities your phone has. Check their phone usage API as an example, it's virtually null. They'll keep using the excuse that they can handle your data better than third party apps, all their narrative is about making them bigger. Ok, but I want that to apply to everything. The phone should come with absolutely nothing on it. Even the Store and Dialer are apps. Hey, you might have to pay a subscription fee to call someone now, but it'll be what you want.
- null_investor 2y agoWhen we have free, open-source OSs, guns, and even rockets, nobody will ever build a free dialer app... are you nuts? That's the problem with your whole argument up there. If you can't even think of this, it shows that your thoughts are very shallow and that you don't have the expertise in this industry to be able to talk about this with the confidence that you are clearly showing. As long as we have people writing those dumb arguments, we'll have Google, Apple, Amazon et al running circles around FTC and governments. We need smarter people and we'll break those monopolies apart and bring innovation back.