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Not sure a VC firm with a vested interest in Google failing should be allowed to have an opinion here... I always thought the point of the government breaking
by dismalaf 1y ago
Not sure a VC firm with a vested interest in Google failing should be allowed to have an opinion here...
I always thought the point of the government breaking up monopolies was to prevent anti-competitive behaviour, not simply to punish companies for being too successful.
If we want to talk about what's best for the economy and startups, there's a bunch of large companies that could be broken up for the benefit of society, but not sure that's entirely fair either.
- ezfe 1y agoThere are two ways to remedy an anti competitive monopoly: Behavioral remedies where the government gets involved with google’s business and maintains ongoing control to ensure they behave. Structural remedies where the government separates the company into parts and then-crucially-leaves them alone for the most part. The “ideal” solution is to magically stop Google from being anticompetitive but that is unrealistic. The realistic solution is to split Google apart and kneecap its data flywheel to force it to compete.