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Missouri Attorney General launches investigation of Google

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Re: Missouri Attorney General launches investigation of Google

#33
post #29

Google is a target because of their strong relationship with Obama/Clinton/democrats. https://www.nytimes.com/2017/01/27/technology/google-in-post...

Whether or not that's true we need commenters to include substantive information when making such claims, otherwise we're just gonna have another tedious partisan flamewar.

https://news.ycombinator.com/newsguidelines.html

Re: Missouri Attorney General launches investigation of Google

#34

Missouri 2017 State Budget: $27 Billion [0] Google Net Profit Last 4 Qs: $63 Billion Google can literally fund the state of Missouri indefinately. How does Missouri make this a fair fight? [0] https://www.usnews.com/news/best-states/missouri/articles/20...

How does Missouri make this a fair fight?

The power of government. Missouri can definitely pay for quite a few attorneys (maybe do a tobacco litigation type deal) but the danger is that other states will join in. Having taken on Google can be quite a thing on your resume as you seek higher office...who will resist it?

Re: Missouri Attorney General launches investigation of Google

#35
post #22

Yay! I am happy about this. I feel as if there are a ton of monopolies and trusts today that stifle competition. Does anyone else feel similar?

I think we should make life difficult for companies from a certain size on. These large companies kill competition and innovation.

I would prefer we "make life difficult" for companies based on their behavior, not their size.

At the risk of sounding like a libertarian, I'm of the mind that monopolies aren't inherently bad until they start buying politicians and bills that reinforce their hold on the market.

Tesla is huge for electric-only car companies, but I don't hear the average person screaming that they should be shut down in states where they are trying to bypass dealership-protectionist state laws. In fact, there are anecdotes of people buying Teslas used from other states because they (aren't|weren't) available new in some states.

Re: Missouri Attorney General launches investigation of Google

#36
post #22

Earlier quoted context omitted.

I think we should make life difficult for companies from a certain size on. These large companies kill competition and innovation.

I would prefer we "make life difficult" for companies based on their behavior, not their size. At the risk of sounding like a libertarian, I'm of the mind that monopolies aren't inherently bad until they start buying politicians and bills that reinforce their hold on the market. Tesla is huge for electric-only car companies, but I don't hear the average person screaming that they should be shut down in states where t…

The game would change, they would just do as much behavior as they can get away with until they got large enough to change the law.

Re: Missouri Attorney General launches investigation of Google

#37
post #22

Earlier quoted context omitted.

I think we should make life difficult for companies from a certain size on. These large companies kill competition and innovation.

I would prefer we "make life difficult" for companies based on their behavior, not their size. At the risk of sounding like a libertarian, I'm of the mind that monopolies aren't inherently bad until they start buying politicians and bills that reinforce their hold on the market. Tesla is huge for electric-only car companies, but I don't hear the average person screaming that they should be shut down in states where t…

Monopolies are inherently bad because not being subject to competitive forces means they can charge what the market can bear, rather than the rate set by competition. This is bad for the consumer, bad for competition, and bad for the economy (fewer people are making transactions than at the market clearing price, slowing down economic growth). If that makes you sound like a libertarian it speaks poorly to their general economic literacy.

On the flip side, Tesla is also treated a lot better than smaller competitors, because its size enables it to play states off against each other:

https://en.wikipedia.org/wiki/Gigafactory_1#State_competitio...

Re: Missouri Attorney General launches investigation of Google

#38

Yay! I am happy about this. I feel as if there are a ton of monopolies and trusts today that stifle competition. Does anyone else feel similar?

I don't. I use a mix of Google services and non-Google services, and I've never had a hard time finding a good competitor for a Google tool.

It’s not about your google app use. The ad industry in the US is about 150 billion. Google is pulling about 90 billion in ad revenue.
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