2 ms·
Monopoly is defined differently in the US and Europe. In Europe a monopoly is permitted so long as the ability to exert dominance in one area does not allow gai
by nonrandomstring 2y ago
Monopoly is defined differently in the US and Europe. In Europe a
monopoly is permitted so long as the ability to exert dominance in one
area does not allow gaining dominance in another. In the US a monopoly
is disallowed if it leads to an inefficient market that makes
customers pay more.
Imho both are unworkable and useless definitions for different
reasons. But, since this is a US trial, it must be shown that Google
make customers pay more for goods and services than they could under
fair market conditions.
The problem is that Google (and most of its competitors) offer
services "for free". As we know, it's not "free", but customers pay
with data taken as payment in lieu.
This means the justice system must redefine "free" to incorporate the
market price of that data. This is the real cost the customer is
paying.
Nobody wants to do that, because nobody (including government) wants
an overt acknowledgement of the economics of surveillance capitalism
and the entire modern surveillance industry. It is an entire economy
set up in parallel to the visible monetary one.
So the proceedings are being cast in all kinds of unusual distortions
to avoid this happening.