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> Part of the problem is that tech products tend to be natural monopolies. Middleman platforms often become natural monopolies due to network effects, but how
by Gormo 2y ago
> Part of the problem is that tech products tend to be natural monopolies.
Middleman platforms often become natural monopolies due to network effects, but how does this expand to tech products in general?
I don't see any structural incentives that lead to natural monopolies in search, email, or a wide variety of other products that Google is dominant in.
- graemep 2y agoand other markets where network effects tend to create monopolies tend to be very highly regulated or state owned: telecoms and financial markets, for example.
- lotsofpulp 2y agoUtilities are monopolies because it makes no sense to spend tons of resources running extra pipes and wires to each and every house. It’s called a structural monopoly.
- graemep 2y agoYikes! Yes. WIll correct. I do not know what happened to my brain there.