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None of the proposed remedies benefit consumers.
by legitster 1y ago
None of the proposed remedies benefit consumers.
- sidibe 1y agoGarry Tan is a consumer too!
- DonHopkins 1y agoHe's been consuming his own exhaust too much.
- deleted 1y ago[deleted]
- echelon 1y agoWe have two major phone operating systems and they charge a tax of 30%, which gets passed onto consumers. This should be zero if there was unlimited competition or web installation. There's also so much innovation happening in the mobile space right now. It's not like they're parked and reaping untold benefits. By having search monopolies, they've gamified paying for placement above your competitor's trademarks. Rather than spend on engineering or lowering costs, you have to pay to defend your brand. There are thousands of ways these monopolies are horrible for the consumer, for small business, and for innovation. These companies force their way into new markets, kill the sustainable incumbents by give away services sustained on unrelated business unit profit, then raise rates once the field has been salted and acquired. Amazon is a grocery store, primary care doctor, home electronics company, and James Bond. Why should Amazon get free advertising for their films on their web storefront, plastered on the side of their delivery vans, emblazoned on their packaging, when competing studios have to spend millions on marketing? To top it off, they're outsourcing the film crew labor to Eastern Europe where there are no crew safety laws and are putting American film workers out of business. And the current price pressure on your salary is directly a result of their market power. They don't have to fear you starting a company that can impact their profits anymore. These companies should all be dismantled. Large companies should be exposed to evolutionary pressures, but because of monopoly they become invasive species and dominate entire ecosystems. Regulation is the path to healthy competition and innovation.
- amazingamazing 1y agoThe solution is for people to make web apps which are agnostic to platform and device, no?
- echelon 1y agoNo, the solution is web installs without platform scare walls. We have sandboxing, permissions, app scanning heuristics, and databases of bad apps. If the web works from a technical standpoint and security posture, so can native.
- unyttigfjelltol 1y agoYeah, the root of many monopolies today is an IP monopoly explicitly granted by government. Government policy is prohibiting monopolies via one relatively weak pathway, and literally establishing them via the IP pathway.
- Zak 1y agoA finding that preventing or discouraging installation of apps from anywhere but the first-party store constitutes use of market power to exclude competitors and fix prices in violation of the Sherman Antitrust Act sounds like a great solution to me.
- FMecha 1y agoConsole gaming will probably catch the strays of it, though (not that the sentiment to move to PC gaming is increasingly vocal anyway).
- Zak 1y agoIt's my understanding that availability of alternatives is a major factor in determining whether a company has market power. Someone looking for interactive entertainment has a multitude of options beyond gaming consoles, so the manufacturer using technical means to extract a payment from anyone selling games is less likely to be considered anticompetitive. Furthermore, people with gaming consoles often have more than one brand, PC games, and games on mobile devices. There is no viable alternative to an Android or iOS powered smartphone for most people, and even switching between the two is enough of a challenge that few people do it once they've picked one. That gives their respective vendors substantially more power to fix prices and exclude competitors.