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Sometimes this seems cyclical, and right now there might be a shift.
Maybe it was the spotlight on problems with Facebook, or maybe Amazon, but more people are open to the idea that maybe too many businesses are too big.
Lina Khan’s Battle to Rein in Big Tech
As monopolies and other large companies gain increasing control of our daily lives, Khan is Joe Biden’s pick to do something about it.
Khan told me that she started to see the world differently. “It’s incredible, once you start studying industry structure and see how much consolidation there has been across industries—in airlines, contact-lens solution, funeral caskets,” she said. “Every nook and cranny of our economy has consolidated. I was discovering this new world.” At one point, she investigated the candy market, identifying nearly forty brands in her local store that were made by Hershey, Mars, or Nestlé. In another project, about the raising of poultry, she found that most farmers had to purchase chicks and feed from the giant poultry processor that bought their full-grown chickens, which, because it had no local competitors, could dictate the price it paid for them. https://www.newyorker.com/magazine/2...in-in-big-tech
its about time, however things like this don't go through until the big money has prepared for it, the Rockefeller anti-trust ended up with more profit spread across more subsidiary
In those quotes she didn't mention Google, the company that most needs to be broken up.
But they spent $400 million getting out the vote for Dems in 2020.
If it requires new legislation, it's just not going to happen. Even if the Justice Department wanted to sue under existing laws, it would probably fail. Look at what happened to the cases against IBM and Microsoft. And it would take long enough that the political cycle would come around, and a new Republican administration would have no interest in continuing the case.
But they'll never going to be broken up, because their dominance is based on user choice. There are alternatives to both, people just don't use them as much. If they try and break them up, what will likely happen is one of the resulting companies will win in the market (just as the original did), and the others will shrink to irrelevance. So breaking them up is useless.
Quote:
Originally Posted by DannyHobkins
Google and Amazon both need to be broken up. The next Republican Administration will need to do it, they are pumping a fortune into the Democrats.
There's been remarkable consolidation across many industries from the cereal aisle to appliances. Put together a map of who owns what and you get a huge spider web with a few companies at the center.
Sometimes this seems cyclical, and right now there might be a shift.
Maybe it was the spotlight on problems with Facebook, or maybe Amazon, but more people are open to the idea that maybe too many businesses are too big.
Lina Khan’s Battle to Rein in Big Tech
As monopolies and other large companies gain increasing control of our daily lives, Khan is Joe Biden’s pick to do something about it.
Khan told me that she started to see the world differently. “It’s incredible, once you start studying industry structure and see how much consolidation there has been across industries—in airlines, contact-lens solution, funeral caskets,” she said. “Every nook and cranny of our economy has consolidated. I was discovering this new world.” At one point, she investigated the candy market, identifying nearly forty brands in her local store that were made by Hershey, Mars, or Nestlé. In another project, about the raising of poultry, she found that most farmers had to purchase chicks and feed from the giant poultry processor that bought their full-grown chickens, which, because it had no local competitors, could dictate the price it paid for them. https://www.newyorker.com/magazine/2...in-in-big-tech
So Musk buys Twitter and the politicians in power not liking that it may no longer lean their direction...start talking about anti-trust and increased regulation.
These are exactly the kinds of "soft influence" that I mentioned in the thread where people stated that censorship by a private company can't possibly be against free speech....um, yeah it sure can if the govt. can coerce, legislate or threaten them into doing it for them.
Heck, the last time they went after facebook zuckerberg whipped out his wallet and started spreading "apeasement" dollars to politicians so they'd back off.
THIS is why many companies make sure to try to butter both parties to keep them from screwing them over.
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