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U.S. House committee approves blueprint for Big Tech crackdown

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Re: U.S. House committee approves blueprint for Big Tech crackdown

#71

Earlier quoted context omitted.

And Amazon. And Microsoft. And Apple. And Netflix. And every other conglomerate...

And USA and China, they are too big and a threat to everyone else.

Imperialism and colonialism are the greatest threats to humanity. The actors don't matter, intentions don't matter. Actions matter. CCP and the US elite are the two worst group of actors by number in the world.

Re: U.S. House committee approves blueprint for Big Tech crackdown

#72
post #37
post #27

Earlier quoted context omitted.

What market is Disney a monopoly in?

Soon to expire copyright material (stories, characters, etc.) that they then block from ever entering the public domain. https://nyunews.com/opinion/2019/10/01/disney-public-domain-...

I'm not sure there's any chance that the US government comes down on the side of "You know this monopoly power we (the US government) explicitly grant and protect by default? You can't have it any more"

Re: U.S. House committee approves blueprint for Big Tech crackdown

#73
post #37

Earlier quoted context omitted.

Soon to expire copyright material (stories, characters, etc.) that they then block from ever entering the public domain. https://nyunews.com/opinion/2019/10/01/disney-public-domain-...

Disney owns considerably less than 1% of soon to expire copyright material, so no.

[deleted]

Re: U.S. House committee approves blueprint for Big Tech crackdown

#74

Earlier quoted context omitted.

> How can Amazon be allowed to sell competing products in their own marketplace, when they own the actual marketplace? They should have been forced to divide their busin Depends on how you define “marketplace”. Costco/Walmart/Best Buy/Target/Home Depot/Lowe’s/grocery stores all sell their own brands next to competing brands in their stores. Is their one store the marketplace? It takes considerably more effort to go t…

It's not just whatever marketplace, anti-monopoly legislation focuses on markets where the players own a significant share of the full market. In the case of Amazon, it seems like they have above 52% of the e-commerce market in the US in 2019 ( https://www.statista.com/statistics/955796/global-amazon-e-c... ) so probably it's even higher now. When one player now has over half the market, you need to carefully watch w…

The standard for antitrust enforcement for decades has been when the action of a company harms consumers.

How does Amazon harm consumers? I mean precisely, how?

Amazon is one of the most highly rated companies in the US by its customers. Its NPS score is 69 and 70 is considered "world class".

I can get almost anything online shipped to my house the SAME DAY. If Amazon sends you the wrong item they'll let you keep the wrong one and immediately ship you a new one!

How is taking action against Amazon going to help consumers? Seems to me that just ends up being a giant win for Walmart and target who offer worse service and often worse prices!

So how are consumers being hurt?

Re: U.S. House committee approves blueprint for Big Tech crackdown

#75
post #68

Earlier quoted context omitted.

So what happened?

What sector does Microsoft dominate these days? They actually are pretty good at competing. Major units at Microsoft: OS. This one is old, gone through anti trust stuff already. There's Mac / Linux. Cloud. Azure is competing against AWS, GCP, everyone else. Gaming. Xbox has Sony and Nintendo. The strongest monopoly argument is still operating system/office, but even that Google is eroding away at office. The server m…

> But their major monopoly has already been tested and their power is waning according to market share (https://en.wikipedia.org/wiki/Usage_share_of_operating_syste...).

I don’t see their power waning. Their control of Office and Windows lets them bundle things like Teams and OneDrive, which puts pressure on smaller companies like Slack (sold to Salesforce) and Dropbox, who have a harder time selling when MS is throwing in OneDrive for free if you’re already buying Windows/Office/Exchange/Azure/etc.

Re: U.S. House committee approves blueprint for Big Tech crackdown

#76
post #68

Earlier quoted context omitted.

So what happened?

What sector does Microsoft dominate these days? They actually are pretty good at competing. Major units at Microsoft: OS. This one is old, gone through anti trust stuff already. There's Mac / Linux. Cloud. Azure is competing against AWS, GCP, everyone else. Gaming. Xbox has Sony and Nintendo. The strongest monopoly argument is still operating system/office, but even that Google is eroding away at office. The server m…

Well, so what anti-trust measures were taken then?

And the server market is not dominated by *nix. Public facing websites, yes. Corps are full of Windows Server. Filled to the brim.

Re: U.S. House committee approves blueprint for Big Tech crackdown

#79
post #16

The top 10 tech companies have collectively acquired and shut down hundreds of small, successful startups. I believe this is very detrimental to the web and the economy. Founders need to have that as an option for an exit though. What are the alternatives? Limiting ownership to 49%?

The whole notion of starting a company, possibly ignoring profits, with a buyout as the endgame is frankly ridiculous, and emblematic of the excesses and war chests that these big corps yield.

What happened to building a profitable company, or at least one close enough to ipo, and “making it” that way?

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