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Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

nytimes.com

501–510 of 735 posts

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#501

Earlier quoted context omitted.

Spoiler alert: They probably won't be either way. Our population is too small by comparison, we just lucked out in that it took China/India longer to industrialize.

Luck has absolutely nothing to do with it. If you attribute America industrializing before China/India as luck, then I will lose trust in anything else you say. By 1915 America had higher GDP per capita than most of Western Europe - BEFORE WW1. Western Europe had higher GDP per capita than China/India by like 1200 AD. You are so so far off the mark. Also, India's population only started exponentially growing in the l…

The funny thing is that is actually a decent if risky strategy - they have more room to grow as they develop. Essentially diminishing returns run backwards".

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#502
post #59

Earlier quoted context omitted.

Android is perhaps the closest in comparison to Microsoft/Internet Explorer. Spin off Android into its own company, including the Play Store. There would be nothing stopping Google from keeping their apps in the Play Store, but they would sit on the same level as competing mapping and search apps, and users would choose which one to use instead of have it preinstalled.

You need to remember that android's customers aren't the end users of the phones, its customers are the OEMs. Spinning off android into its own company separate from Google wouldn't mean the end user gets a preference of which mapping or search app to install, it means the company selling the phone (either the phone brand or the cell network) gets to choose.

The end user would get a choice by buying a specific phone, though, no? The Android device market, at least, isn't heavily monopolized, and there are many options, including devices that are explicitly advertised as open and cruft-free.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#503

Earlier quoted context omitted.

How so? If I don't like my internet provider, my only other option is dialup. If I don't like Google, there's multiple alternatives for all of their services that I use

While you can place your data in services which are not Google, if you want to consume data, you are often going to have to deal with Google. For instance, almost anyone who shares any sort of video whatsoever puts it on YouTube. It doesn't matter if I'm not a YouTube user, I have to go to YouTube if I want to watch someone else's videos. And Google is far more than just where you go to search or store your email. So…

What a joke. To claim that for example using Chrome is “inescapable” is pure hyperbole. You’re worried about Google tracking your credit card purchases but not worried about credit card companies tracking that? Because I assure you they do. And ISP monopolies do follow you when you move: across huge swathes of the US you have one or maybe two options for internet access.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#504

Earlier quoted context omitted.

> With Comcast (and other ISPs), you have only one choice, and they spend tons of money and effort making sure you only have that one choice, and continue to have only that one choice. Comcast recently spent nearly $1M to prevent Fort Collins from creating a municipal ISP[1]. That is actively anti-competitive and monopolistic by definition. I'm sure if the U.S. government was proposing to sell public bonds to build a…

It's municipal, so the magnitude of threat you're implying (oooh Government ) is a misdirection. GP's point is that consistently lobbying to shut down the existence of any competition, public or private, is monopolistic behavior. And it is, pretty much by definition.

GP used an example of lobbying against the government entering what had heretofore been a private market. Pushing back on that is not "monopolistic" by any sense of the term. If you have examples of Comcast lobbying to prevent private competition, I'd like to hear them. The biggest impediment to private competition actually comes from the public interest sector, which insists on build-out requirements that make it very difficult to start competing ISPs, on the theory that it's better for nobody to have competing choices than to only have wealthier areas have competing choices.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#505
post #14

Comparisons will be made to Microsoft and Internet Explorer but to me the really crucial part of this isn't market dominance in the "what app are you using" sense, it's data. Facebook, Google and Amazon really do have an unprecedented amount of data on us. And keep vacuuming up more and more of it. Facebook should never have been allowed to buy WhatsApp (and maybe not Instagram though I'm less concerned about that on…

Defining by dollar amount is never a good idea due to inflation/market appreciation. There are so many laws and regulations that are pinned to a dollar amount that get more and more out of date each year.

It should always be something that's a better true absolute measure, for example market penetration.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#506

Earlier quoted context omitted.

You're high if you think someone can compete with Amazon out of their garage now. Hell, you can't even sell a product on Amazon without a good chance that Amazon will just slap their Amazon Basics logo on it and undercut you to death. Similar to Wal-Mart many of their competitors are dead because they optimized their supply chain. No one gets that kind of access out of their garage.

And if Amazon is broken up, whoever thinks the US will still win the global E-commerce market against Alibaba is also quite high. The rules are changing. We need to think about the geopolitics here as well. We need US companies to win global markets in an era of increased competition.

>We need US companies to win global markets

why

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#507

Earlier quoted context omitted.

Spoiler alert: They probably won't be either way. Our population is too small by comparison, we just lucked out in that it took China/India longer to industrialize.

Luck has absolutely nothing to do with it. If you attribute America industrializing before China/India as luck, then I will lose trust in anything else you say. By 1915 America had higher GDP per capita than most of Western Europe - BEFORE WW1. Western Europe had higher GDP per capita than China/India by like 1200 AD. You are so so far off the mark. Also, India's population only started exponentially growing in the l…

"We were fortunate that we industrialized sooner," not "rate of industrialization is totally random and unpredictable."

Edit: Also, the predictions are for next century. Even if they were making the straw claim you believe they are, they probably won't be around to collect on the super-long-term investment you suggest.

Edit #2: Checked out your comment history, looks like you're just a garden-variety racist who thinks that white people are better than everyone else.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#508

How about going after Comcast and Verizon first, the actual tech monopolies ? I already don’t use Facebook, I buy things online from places other than Amazon, and have email accounts that aren’t hosted by Google. However, all of that goes over Comcast’s network because that’s my only viable choice for Internet service. Also, while FAANG occasionally do things I don’t approve of, they don’t actively lobby congress for…

Google is effectively has monopolies on search and online advertising.

They should be broken up.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#509

How about going after Comcast and Verizon first, the actual tech monopolies ? I already don’t use Facebook, I buy things online from places other than Amazon, and have email accounts that aren’t hosted by Google. However, all of that goes over Comcast’s network because that’s my only viable choice for Internet service. Also, while FAANG occasionally do things I don’t approve of, they don’t actively lobby congress for…

There was a recent podcast by Chris Hayes on this topic with Kashmir Hill. It's not as easy to avoid FAANG as one would expect at first glance. https://www.nbcnews.com/think/opinion/how-block-big-tech-kas...

Also worth noticing that Comcast owns NBCUniversal/NBC/Chris Hayes. Not saying they instructed him specifically on how to opine on this one issue but there is a general conflict of interest.

Re: Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon

#510
post #414

Earlier quoted context omitted.

The problem is this type of vertical splitting doesn't solve the problem of large tech companies. It's like treating a burst appendix with a kidney transplant. The problem of Amazon is that it is effectively the only online shopping place, and thus can act as a Monopsony in hiring it's workers for warehouses, splitting AWS out of that doesn't fix that problem. Maybe you could require that distribution centers be owne…

If we had a progressive corporate tax, I think all the problems would sort themselves out. You want to build a trillion dollar company? Fine. Corporate tax rate of 50%. You're a small business with less than $1M in revenue. Cool. Corporate tax rate of 0%. Big companies will break up to take advantage of the tax code. Problem solved. Instead, the bigger you are, the harder you can lobby for tax breaks. Currently, if y…

I agree 100% and have long felt this is the right approach. Basically the bigger you get, the harder it gets to keep getting bigger.
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