Earlier quoted context omitted.
>Same deal with office. Excel? I'm in the finance world and I can say with confidence that they've got 100% market share. We use google sheet too. Every day even....for tracking everyone's QuizOfTheDay scores. Great track but not even close to Excel replacement.
That means Microsoft has a better product, that doesn't mean it's a monopoly.
Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
31–40 of 309 posts
Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#32In my career, first it was IBM, the unstoppable juggernaut that was going to take over the world. Then it was Microsoft, and everyone forgot about IBM. Then it was Apple, and everyone forgot about Microsoft. Before IBM, it was RCA. Everyone has forgotten about RCA. It's like in retail. First it's Sears, the unstoppable juggernaut that will take over the world. Then it's Walmart, and Sears is bankrupt. Now it's Amazon…
https://www.nytimes.com/1981/02/15/business/us-vsibm.html
https://en.wikipedia.org/wiki/United_States_v._Microsoft_Cor....
Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#33Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#34In my career, first it was IBM, the unstoppable juggernaut that was going to take over the world. Then it was Microsoft, and everyone forgot about IBM. Then it was Apple, and everyone forgot about Microsoft. Before IBM, it was RCA. Everyone has forgotten about RCA. It's like in retail. First it's Sears, the unstoppable juggernaut that will take over the world. Then it's Walmart, and Sears is bankrupt. Now it's Amazon…
Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#35Not MS? They're all kinda up to the same shenanigans really
Can you provide even a single current example? Or just jumping on the MS-bashing bandwagon 'cause it's fun? Apple, Facebook, and Google all have current practices that are questionable. Pointing fingers are companies that have already paid their dues is just useless noise.
They at least have shady sales tactics.
Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#36In my career, first it was IBM, the unstoppable juggernaut that was going to take over the world. Then it was Microsoft, and everyone forgot about IBM. Then it was Apple, and everyone forgot about Microsoft. Before IBM, it was RCA. Everyone has forgotten about RCA. It's like in retail. First it's Sears, the unstoppable juggernaut that will take over the world. Then it's Walmart, and Sears is bankrupt. Now it's Amazon…
For both IBM and Microsoft, I would argue that anti-trust cases at least contributed to their fall from the top. https://www.nytimes.com/1981/02/15/business/us-vsibm.html https://en.wikipedia.org/wiki/United_States_v._Microsoft_Cor... .
While MS was convicted of anti-trust, there wasn't much of any action taken against them. The reasons for them slipping would make for an interesting book.
Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#37Earlier quoted context omitted.
If anything, their efforts in search and cloud compute delayed or muted the case for monopolistic behavior by others as they can point to MS and say, see, they are competing against us successfully, we’re not the big bad monopolists some claim us to be.
How ironic that they once bailed out Apple to use as their own lightning rod.
Apple's business was struggling a bit at the time, but with those cash reserves they were a long way from needing bailing out.
Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#38Earlier quoted context omitted.
>Same deal with office. Excel? I'm in the finance world and I can say with confidence that they've got 100% market share. We use google sheet too. Every day even....for tracking everyone's QuizOfTheDay scores. Great track but not even close to Excel replacement.
That means Microsoft has a better product, that doesn't mean it's a monopoly.
>That means Microsoft has a better product, that doesn't mean it's a monopoly.
Actually that's the text book definition of monopoly.
Monopolies are thus characterized by
* a lack of economic competition to produce the good or service - nobody else is making commercial spreadsheet tools
* a lack of viable substitute goods - all the other stuff (google sheets, openoffice) isn't workable in practice
* high monopoly price well above the seller's marginal cost - a MS office download costs MS near nothing...selling price is still sky-high.
There are crazy network effects at play which create near insurmountable barriers to entry. Another sure sign of a monopoly vulnerable to monopoly pricing/profits.
Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#39Earlier quoted context omitted.
From the left, populist economists calling for Big Tech to be broken up for monopoly and tax dodging. From the right, culture warriors calling for regulation so their chosen avatars of free speech are not de-platformed. From the bottom, consumer advocates angry at the privacy abuses of large corporations, not to mention increasingly shoddy quality caused by lack of competition. From the top, as you mentioned- tech co…
Holy smokes, since when did interest in our constitutional rights of free speech become a "right" thing? It seems like the "From the right" should be "right-wing belief that tech platforms push left-wing biases", true or not, that is their gripe.
Re: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
#40Earlier quoted context omitted.
From the left, populist economists calling for Big Tech to be broken up for monopoly and tax dodging. From the right, culture warriors calling for regulation so their chosen avatars of free speech are not de-platformed. From the bottom, consumer advocates angry at the privacy abuses of large corporations, not to mention increasingly shoddy quality caused by lack of competition. From the top, as you mentioned- tech co…
Holy smokes, since when did interest in our constitutional rights of free speech become a "right" thing? It seems like the "From the right" should be "right-wing belief that tech platforms push left-wing biases", true or not, that is their gripe.
That's half of it. The other half is suppression of right-slanted content. The issue is monopoly status + pushing one side + suppressing the other side.