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> To claim there isn’t competition in these markets is completely ignorant. “A big player eats 80%” isn’t anything like a monopoly/duopoly scenario where there
by littlestymaar 2y ago
> To claim there isn’t competition in these markets is completely ignorant. “A big player eats 80%” isn’t anything like a monopoly/duopoly scenario where there literally isn’t any competition or product advancement for decades.
Please tell me how many “product advancement” in Google search or YouTube over the past decade… From a consumer's perspective all that happened was enshitification and despite being owned by a search engine company, YouTube never managed to ship a functional search on their platform.
> If you wanna see lack of competition, look at government granted monopolies on utilities.
Utilities are “natural monopolies” though, and as such they should be state owned. Making a natural monopoly owned for profit is a recipe for rent seeking, and that's why it was promoted …
> That “state enforcement” you are calling for
No, the state enforcement I'm calling for is proper enforcement of antitrust laws, forbidding consolidation through M&A and disbanding companies megacorps. That is to say, what existed in US's golden age.