I think Amazon and Google both need to get hit with antitrust cases. For comparison, Standard Oil had 70% market share when the antitrust case was filed in 1906. Google is sitting at over 90% market share in the search market. Amazon does 50% of ALL online retail, which means its competing in an insane number of markets. Both Google and Amazon also have pretty powerful market verticals that make it difficult for startups to compete. I don't know what the most effective antitrust measures for a large tech company are, but we need to do something.
Yup exactly. This monopoly can be good for users in the short term but in long-term, they will be affected the most.
The most effective antitrust measures at this point would probably be nationalization, like we should have done with the banks in 2008 instead of handing them $700 billion of taxpayer money and asking them nicely to behave themselves (and guess what, subprime mortgages are back). Make Google and Amazon infrastructure, like the USPS and streetlights and water mains.
this only transfers our trust from companies to governments, which already has lots of power.
the internet could end up like it did in Cuba and China
on top of that, you would also have to think about those services being provided to people outside your country.
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