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by nologic01
996 days ago
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A duopoly in search that throws some crumbs to the former big-tech monopoly would be a definite improvement over the current monopoly /s. IANAL and don't particularly care about the minutiae and merits and politics of individual cases in the context of antiquated anti-trust laws. A lucrative monopoly allowed to operate over long periods can and will identify its own weak points and the abilities and competitive threats of the market. It will have more than ample resources to mitigate them. Whether that monopoly dominance is secured in legal, border-line legal or illegal ways is a mute point. In a healthy economy there should not be any monopolies unless they are very heavily regulated. We should celebrate commercial success up to a point but be deeply suspicious of winner-takes-all degeneration that is justified on the basis of bogus arguments (network effects, superior quality etc). This rationale is even more important in the context of digital technology where the foundations of the current and future digital economy are being laid. And no, a Google Web [1] is not a good blueprint for the digital economy. Neither is a cozily arranged Google-Microsoft Web for that matter. For this new type of economy to flourish the "web" should be really neutral, not the fiefdom of this or that oligopoly extracting rents and holding everything back. [1] https://www.forbes.com/sites/willskipworth/2023/10/02/the-in... |
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