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Competition, not break-up, is the cure for tech giants’ dominance

economist.com

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Re: Competition, not break-up, is the cure for tech giants’ dominance

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Earlier quoted context omitted.

There are different causes for monopoly and maybe they should be considered and addressed individually. Type 1) Very high costs You are free to build a competitor to Google Search. No one has the resources needed to build it or they don't think it's a good way to spend their resources if they do have them. Type 2) The nature of the product renders competition difficult You are free to compete with Facebook. Unfortuna…

I was reading some comments on Slashdot regarding the Spotify vs Apple story, and some where saying "Spotify just wants to sell music subscriptions while asking to be hosted for free on Apple's app store. If they don't like paying 30% they can just make their own device and app store". Yeah, as if you can build an ecosystem as big as Apple from scratch just on the premise of selling music and nothing else. Some peopl…

What if: because building these things is hard, therefore it should be rewarding.

Instead the hard stuff gets commoditized over time.

Photolithography and operating systems are hard, but now social networking is where the money is at.

Re: Competition, not break-up, is the cure for tech giants’ dominance

#14

[flagged]

Please stop posting these comments. The paywall issue has long been settled on HN. No one likes the status quo but the alternatives are worse.

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

https://news.ycombinator.com/item?id=10178989

https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme...

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