191–200 of 229 posts
Earlier quoted context omitted.
Can you explain/expand your reasoning behind that a little more? This is the first I've encountered such a point.
Progressive corporate taxation?
Here's a simple heuristic for determining if a company has a monopoly: if they say that they have a monopoly, then they don't; if they say that they don't, then they do. Original author unknown.
My app with 0 customers is not a monopoly. Am I now a monopoly?
[1] https://marketingland.com/almost-70-of-digital-ad-spending-g...
You can't count on senators to know what they are talking about. This article from yesterday I found quite helpful in explaining the details of the situation. https://truthonthemarket.com/2020/09/14/the-antitrust-case-a...
Earlier quoted context omitted.
I don't think he meant that other companies are bad at getting clicks. I think he meant his company relies on search engine driven ads. Google has a monopoly on the search engine. There are many companies that need to rely on search engine traffic, not social media, for online advertising. Keep in mind that search engine traffic is enormous, and can fairly be called a "trade" or "commodity/service" that can be monopo…
But I don't think this tracks unless you treat search as something special. If I own a billboard then I have a monopoly on that billboard. Presumably I built/bought that billboard because I knew that the ad space would be valuable and that companies would need to pay me for it. Google owns extremely valuable ad space but that to me doesn't make a monopoly just because Bing or Facebook's ad space isn't as good for cer…
Earlier quoted context omitted.
That depends heavily on your industry and obviously isnt true as a rule. Google gets 37% of ad spend, Facebook ~20% and then everyone else combines for the last 40%. It's true that if your looking at targeting users searching for something that it's basically just Google. But people are increasingly using apps and specific sites over general surfing. Reddit, tiktok, snap, etc. all have their own ads and collectively…
In our tests, we get results from Google but ads on Facebook produce trash results.
Google isn't a Monopoly as much as they just have the most eyeballs because they built a great company. But Facebook, Pinterest, Snapchat, Reddit, and a few dozen smaller players, are all the answer to Google's monopoly.
I've just spent a few days testing different ad segments, and for the one I was doing, it turns out Reddit was 5x cheaper than the next cheapest source. Cool right?
What we need is more companies that are able to capture eyeballs, and an efficient mechanism to distribute ads among them.
Earlier quoted context omitted.
Words get abused a lot, and for some of them, they do not have a clear-cut, universally agreed upon meaning. "Monopoly" is one of such words (others candidate include: freedom, democracy, justice). When random person X complains about, say, Google having a monopoly, there are two possibilities: - Person X means something along "Google has a dominant market position and abuses its power", slightly abusing the meaning…
To be clear if anyone has any doubt, antitrust law talks about firms having "market power". That's all that is required; the ability to move the market in bad ways. A monopoly (strict definition) is not in any way required to violate antitrust law. You could violate antitrust law with a 5% market share. People wanting to nitpick about the word monopoly should be educated (first offense) or mocked and shunned (repeat…
It's almost impossible to have rational discourse these days because accurately describing things is no longer required (and if you care to try you are "mocked and shunned") so everyone is arguing without a common set of understandings or facts or even language that is consistent.
Kind of pathetic.
Your water company may be a monopoly. You may have no choice but to use it (in cities you cannot even drill your own well or in some cases are banned from collecting rainwater). That is a monopoly. As someone who grew up using a well, this is a clear difference and impact.
What so many people fail to realize about these issues vis-a-vis Google, it’s not so much the issues of Google having a monopoly or not on the ad market...in either case google is a dominant market incumbent that uses its position (in this case web traffic, data and online ad platform) to unfairly compete and stifle competition. Google has often used data acquired through their market position to start subsidiaries t…
Words get abused a lot, and for some of them, they do not have a clear-cut, universally agreed upon meaning. "Monopoly" is one of such words (others candidate include: freedom, democracy, justice). When random person X complains about, say, Google having a monopoly, there are two possibilities: - Person X means something along "Google has a dominant market position and abuses its power", slightly abusing the meaning…
> Courts do not require a literal monopoly before applying rules for single firm conduct; that term is used as shorthand for a firm with significant and durable market power — that is, the long term ability to raise price or exclude competitors. That is how that term is used here: a "monopolist" is a firm with significant and durable market power.
[1] https://www.ftc.gov/tips-advice/competition-guidance/guide-a...
What so many people fail to realize about these issues vis-a-vis Google, it’s not so much the issues of Google having a monopoly or not on the ad market...in either case google is a dominant market incumbent that uses its position (in this case web traffic, data and online ad platform) to unfairly compete and stifle competition. Google has often used data acquired through their market position to start subsidiaries t…
I can remember combing through page after page looking for the results I wanted. Try that today and Google is likely to temporarily block you, accusing you of having "strange activity" coming from your computer, or looking like a "bot".
The more Google has tried to "solve" the problem of finding the appropriate results for the particular searcher within the raw results returned from the query, the more they have manipulated the raw results to suit their own perspective. There is no option to get those raw results and search within them the way you want. There is only Google's way -- reorder them according to Google's "secret" processes. Do not dig into subsequent pages, stay on page one. This necessarily carries a Google bias. It also creates a "winner-take-all" contest to reach page one that Google's exploits for selling online ad services.
In other words, not only does Google manipulate searches through deciding the "1st search result", it actually created this concept of "1st search result" with respect to web search. The idea that Google could guess the "correct" search result, reorder the raw results and place the "best" one at the top of the first page of results was in fact Google's idea.
Thanks to Google, reordering the raw results has become commonplace so no one really thinks about this anymore, but it is this (biased) reordering that allows Google to profit.