Earlier quoted context omitted.
Why does the world need another Chromium reskin? What's the point of a Firefox that's just Chrome? How is it competing to slap your brand on top of a competitor's product like you're reselling wholesale electronics from an overseas manufacturer? Look at Edge's market share and explain to me how Mozilla is going to deliver a better Chrome reskin than Microsoft with a tiny fraction of the budget.
The point is that Google does not prevent them from competing. They (Mozilla) are the ones proverbially shooting themselves in the foot. Mozilla to me seems like a cult of grifters in denial with ADD that never even attempt to focus on improving their browser (especially on Linux) and instead would rather build iPhone password managers and act like they aren't enabling a lot of anti-privacy telemetry and data collect…
Calling for Antitrust Reform
121–130 of 212 posts
Re: Calling for Antitrust Reform
#122Earlier quoted context omitted.
Mike's own website: https://copia.is/ (scroll down to sponsorship logos) Copia has also been listed on Google's own public policy transparency website in the past, though it's absent at the moment. EDIT: This version of the disclosure is still up: https://services.google.com/fh/files/misc/trade_association_... Note that the Google Public Policy Team's explicit purpose is to influence laws to be favorable to the compa…
Interesting, and good to know. The part I don’t get is that Google is listed right next to Yelp, who are the #1 advocates for regulatory action against Google.
Re: Calling for Antitrust Reform
#123Earlier quoted context omitted.
If anything that lends weight to the message. Like an ant calling out the elephant.
You can rationalize it that way, I get it. However, last I checked Mozilla has a lawyer as their CEO. Why do you think they haven't tested this idea in court if the message is so good?
The answer is that they are trying to change the law.
Re: Calling for Antitrust Reform
#124Earlier quoted context omitted.
Yes, if the intent is to regulate monopolies. You know what you call a small cap monopoly? Not a monopoly.
Let's say I make a miracle drug for people with a rare disease, patent it, and it costs $0.01 to produce, and I'll watch people die unless they pay me >$1M. Am I a monopoly since I only have a few million in revenue?
Re: Calling for Antitrust Reform
#125Re: Calling for Antitrust Reform
#126That's not "antitrust reform". It's so narrowly drawn that it affects only maybe Facebook, Google, and Twitter. Read the definition of "covered platform". Arguably it's a bill of attainder.
Almost by definition, anti-trust law is only going to narrowly effect a few companies.
If a company isn't huge already, then the whole motivation for applying anti-trust law goes away.
The whole point of anti-trust law is to narrowly target only a few of the very worst offenders in a market.
Re: Calling for Antitrust Reform
#127John Oliver also covered tech monopolies recently. Tech Monopolies: Last Week Tonight with John Oliver (HBO) https://www.youtube.com/watch?v=jXf04bhcjbg
Here's Mike Masnick's response over on Techdirt on that. A big swing and a miss which is rare on Oliver's part: https://www.techdirt.com/2022/06/14/john-olivers-big-whiff-j...
Re: Calling for Antitrust Reform
#128Earlier quoted context omitted.
It's worse than you think. The definition of a Covered Platform is so overbroad that basically if you allow any kind of user interaction on your website (or OPERATING SYSTEM!) then yours is a covered platform. So imagine you run a restaurant and allow for a customer feedback form that is visible on the website... congratulations, you've now become a covered platform and are obliged to allow other people to sell produ…
Doesn't the bill text also have thresholds that need to be met (such as revenue, user quantity, etc) for you to be subject to enforcement?
Re: Calling for Antitrust Reform
#129The vertical monopolies enjoyed by tech behemoths are absurd. Ever since the Internet Explorer antitrust case [1] it should be clear that things like Apple disallowing other browsers in iOS or Google promoting its own sites in search results are illegal and anticompetitive. [1] https://en.wikipedia.org/wiki/United_States_v._Microsoft_Cor... .
I teach antitrust to grads and undergrads. It doesn’t do anyone any good to call any of these firms “monopolies.” It’s not accurate, not for any of them. Nor was monopoly the issue in the Microsoft case (that was about bundling). There may be reasons to look at antitrust law and to change it with some of these firms and their behaviors in mind but “vertical monopoly” isn’t an accurate characterization of any of them.
If you teach economics class on these subjects, then you must be familiar with the terms "horizontal integration" and "vertical integration".
Lets say 1 company has "horizontally integrated" the entire market along that horizonal. What would you call that?
Now do the same thing for "vertical integration".
Once you have thought about both of these questions, you will know why people are using the term "vertical monopoly".
Re: Calling for Antitrust Reform
#130Earlier quoted context omitted.
Yes, if the intent is to regulate monopolies. You know what you call a small cap monopoly? Not a monopoly.
Let's say I make a miracle drug for people with a rare disease, patent it, and it costs $0.01 to produce, and I'll watch people die unless they pay me >$1M. Am I a monopoly since I only have a few million in revenue?