There are so many actual monopolies that seemly get ignored. Maybe google needs to buy I mean donate to more politicians.
They should learn from Comcast, which manages to bribe government in banning their competiton :)
Missouri Attorney General launches investigation of Google
41–50 of 129 posts
Re: Missouri Attorney General launches investigation of Google
#42Earlier 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…
" I would prefer we "make life difficult" for companies based on their behavior, not their size."
It's pretty hard to measure behavior but size is easier to measure. As as Tesla goes they are still a very small company compared to their competition so I don't think there is any need to think about their market power and suppression of competition.
Re: Missouri Attorney General launches investigation of Google
#43Yay! 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.
You've found a good competitor to Google search?
Re: Missouri Attorney General launches investigation of Google
#44I haven't read Axios before, but I really appreciated that summary. I got the gist of what the lawsuit concerned and what the ulterior motive might be and there weren't 10 more unnecessary paragraphs with no real information padding it out. It's almost exactly the right amount of concise.
A politician elected on a populist platform doing things to stand up for his people is an "ulterior motive"? To me, an ulterior motive would be getting elected on a populist platform, then taking actions to benefit his own commercial interests.
Why does your definition of an "ulterior" motive require commercial benefit?
Are you suggesting that, if this man had a secret reason for going after Google, and that reason was that it was part of his plan to boost his popularity and name recognition with local conservatives by shitting on "liberal" companies in order to boost his chances of winning a seat in the Senate, it would somehow not count as an "ulterior motive"?
Mind you, I'm not saying that this is the case. Maybe he's just going after a big company for a good reason. But your suggestion that an ulterior motive could not even theoretical exist because he's not engaged in commerce seems ridiculous.
Re: Missouri Attorney General launches investigation of Google
#45Earlier quoted context omitted.
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 gener…
> Monopolies are inherently bad
Yeah but is Tesla a tiny car company or a monopoly electric car company?
Re: Missouri Attorney General launches investigation of Google
#46Google is a target because of their strong relationship with Obama/Clinton/democrats. https://www.nytimes.com/2017/01/27/technology/google-in-post...
seems to me that google cultivates a relationship with whoever they see has influence. same as everyone.
Re: Missouri Attorney General launches investigation of Google
#47Earlier quoted context omitted.
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 gener…
> Monopolies are inherently bad Yeah but is Tesla a tiny car company or a monopoly electric car company?
It's neither? It has more market power than, say, Chevrolet, but less than AT&T. Receiving ~1.25Bn from the taxpayer where smaller companies wouldn't get anything is more a function of its size and institutional failure on behalf of the individual states.
Re: Missouri Attorney General launches investigation of Google
#48Earlier quoted context omitted.
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.
You've found a good competitor to Google search?
Bing at least claims to be. Is Bing enough worse that it isn't a usable alternative?
Re: Missouri Attorney General launches investigation of Google
#49Earlier quoted context omitted.
> Monopolies are inherently bad Yeah but is Tesla a tiny car company or a monopoly electric car company?
It's neither? It has more market power than, say, Chevrolet, but less than AT&T. Receiving ~1.25Bn from the taxpayer where smaller companies wouldn't get anything is more a function of its size and institutional failure on behalf of the individual states.
I don't think Tesla is anywhere close to market dominance. Their problem may be more long-term survival than achieving a monopoly in my view.
Re: Missouri Attorney General launches investigation of Google
#50This is bizarre. It's also bizarre how the reporting on it doesn't mention how out of left field this is. Why Google? why Missouri? How come a republican is doing this? As for: The United States has lagged behind Europe in pursuing antitrust cases against tech giants This narrative is silly. The EU goes after "tech giants" partly because they are foreign, the US doesn't have that incentive.
Nah, the EU also goes after local champions, see for example the Vitamin case: http://europa.eu/rapid/press-release_IP-01-1625_en.htm It's just that the US has become extremely lax in its anti-trust stance.
[deleted]