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by JumpCrisscross
2939 days ago
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> Google has an extremely blatant monopoly in search Tough thing is it grew to a position of dominance, on the user side, organically. (On the ad side, the story is more complicated.) Facebook grew on both sides by gobbling up potential competition, e.g. Instagram, WhatsApp, et cetera. |
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A dominant, extreme majority market position by itself isn't valid justification to break a company up or apply anti-trust (in the US). Monopolies are of course not illegal in the US. Google's search product remains superior and it's unlikely to be directly, seriously challenged by a threatening competitor. It's the change in integrity that might take them down. Call it greed. The greed eats the ecosystem, pushes for a greater share of the pot, then the ecosystem cries foul to regulators, identical to Microsoft's mistakes derived from greed. If a monopoly platform can't control itself properly - in terms of human nature, it's probably extremely difficult to restrain that level of economic power while existing in a low feedback, low consequence bubble - then the authorities will probably step in and do it. When it comes to monopolies, you can eat this, maybe you can eat this and that, you can't eat this and that and that and that and that. It's pretty much that simple, you control yourself or eventually the guys with the guns will do it for you (if only out of concerns for preserving their own power).