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by jparse
3162 days ago
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How so? Google has a 90+ percent market share. Facebook also is in a similar boat. Amazon is every increasing its market share as well. They are doing this not by competing but by leveraging user data to create good enough products. Then use their market share to integrate these products into their existing product line thus resulting in death of startups they are targeting. Here are some examples: - Facebook uses its data on social activity to identify trending startups. They even go further and have purchased a VPN provider to spy on traffic so they can identify startups they want to acquire or crush. - Google uses search data to figure out what types of websites are trending and then simply creates cards that appear on top of their search results so that users never have to leave Google. A lot of websites have lost revenue or simply folded due to the loss of traffic. - Amazon is no different. The use internal search data to figure out what products are trending and then simply creates Amazon Basic products to kill them. The issue is they leverage user supplied data and their existing market share to create noncompetitive environments for new incumbents. It's a massive intelligence gathering operation that gives them unfair advantage by allowing them to surveil the vast marketplace and target trending startups in near realtime. Heh, the startups don't even know they are being targeted until it is too late. They've basically become malicious actors. |
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As someone who enjoys Google Cards and Amazon Basic (Facebook I will give you), I would not be happy if the government deemed the product I enjoy to be illegal under the basis of protecting my available choices.