The author is nitpicking. Warren may be wrong about the history of bing and google, but that's not really important. She's 100% right about Amazon, and the author conveniently forgot to mention. Most people in tech industry always strive to build monopoly and dominance. In their eyes, Warren's idea is of course insane. But viewing from another point, in order to protect competition and small businesses, her proposal…
Where Warren’s Wrong
101–110 of 290 posts
Re: Where Warren’s Wrong
#102The author is nitpicking. Warren may be wrong about the history of bing and google, but that's not really important. She's 100% right about Amazon, and the author conveniently forgot to mention. Most people in tech industry always strive to build monopoly and dominance. In their eyes, Warren's idea is of course insane. But viewing from another point, in order to protect competition and small businesses, her proposal…
Actually amazon is the one that I would say doesn't have a monopoly. It doesn't have a monopoly in the retail space (far from it), nor in the cloud hosting (let alone server hosting) business, nor in online streaming (music/tv). Google on the other hand has close to a monopoly on search (and browsers). Facebook on social medias.
Re: Where Warren’s Wrong
#103I’m much more afraid of government power than private corporations.
Re: Where Warren’s Wrong
#104Earlier quoted context omitted.
That is not, not has it ever been, the legal definition of monopoly.
What is the legal definition of a monopoly? As a followup, should that definition remain the legal definition of a monopoly? Do we need a modern appraisal of that definition?
While having a huge market share is a given in such a situation, it's nonetheless not the definition
Re: Where Warren’s Wrong
#105Earlier quoted context omitted.
That seems like the weakest part of the argument — Walmart, Kroger, Walgreens, Costco, and every other major retailer has a similar program. All use sales data to determine what sells best and copy it. I did this for a decade, designing store brand medical devices for all the major retailers. There are plenty of legitimate critiques of Amazon. The "private label" one is by far the weakest.
Walmart, Kroger, Walgreens and Costco are not marketplaces, they're retailers, and they have contracts with suppliers and pay distributors to purchase goods to resell to consumers. Amazon is a marketplace where any retailer can list their goods for sale. I believe Warren's argument is that Amazon is abusing their position as the marketplace platform owner by listing their own goods at prices that undercut marketplace…
Re: Where Warren’s Wrong
#106Earlier quoted context omitted.
Right, so imagine separating Apple/Google totally from its current oversight position, and having a totally open app store. Like the world _just_ got past learning not to click 'download here!' on a browser, and that was after 20 years of the internet. I'd be open to alternative proposals, but separating the App Store with no replacement is not a secure solution by any means and causes more problems than it solves, a…
I don't understand why people should not be permitted to go to netflix.com to install the netflix app, or to twitter.com etc etc
Re: Where Warren’s Wrong
#107Re: Where Warren’s Wrong
#108Noticeably absent from Warren's target list is Comcast. IMHO, they are more anti-trust than any of the tech companies she is targeting. Comcast also happens to be the 15th biggest donor to her campaign. https://www.opensecrets.org/members-of-congress/contributors...
Alphabet happens to be number 9 on your list, so what's your point?
The "Comcast" amount is $31K out of over $8 million, and is 100% from individuals, not Comcast itself.
You're implying Warren has been bought-off in some way, but your own link clearly refutes that.
Will you explain?
Re: Where Warren’s Wrong
#109The author is nitpicking. Warren may be wrong about the history of bing and google, but that's not really important. She's 100% right about Amazon, and the author conveniently forgot to mention. Most people in tech industry always strive to build monopoly and dominance. In their eyes, Warren's idea is of course insane. But viewing from another point, in order to protect competition and small businesses, her proposal…
We’re going to see more and more defensive content come out and it’s only going to help Warren. Strategically she’s positioned herself well, she could easily be the most publicized democratic candidate because of this topic alone.
Re: Where Warren’s Wrong
#110After reading through all of the comments, I don’t see how many of the same people who worry about the power of private companies are okay with giving the government more power - the only entity with the legal right to take your property, life, and liberty. I’m much more afraid of government power than private corporations.