Big Tech Monopolies

Better plan? How about we stop letting tech companies reach "monopoly scale"?

How about some regulation as a monopoly? (and ditto other tech companies that have undue influence on the market)

great; so it's controlled by a big tech cartel, not a single company. that totally addresses the author's complaints >.<

It's mainly because Apple (or Google or whatever other monopoly you can think of) has accrued so much power that they can stifle competitors by replicating the competitors' features, entire products (and offer them for free), and engage in anti-competitive practices. All of these companies have hoards of cash and can basically ice out any smaller contender indefinitely. This is basically why the exit strategy of many startups is "get acquired by FAANG and friends".The issu

I had forgotten of this until I read this article on the Atlantic, but there is an organization dedicated to breaking up the new form of monopolies like AT&T+Time Warner, Google, Amazon, Facebook, originally funded by Google, the Open Markets Institutehttps://www.theatlantic.com/magazine/archive/2018/07/li

This isn't a civil liberties issue, it is an antitrust issue.Companies that produce good products and market them well accrue power. At some point the incentives change, and the company starts to squeeze locked in customers, suppliers etc. who have nowhere else to turn to. In order to maintain a healthy market economy the government is forced to handicap the 'winner' by splitting them up, enforcing regulations, etc.We've already seen Google prepare for this with Alphabe

Yeah, monopolies can do that.edit: https://qz.com/1704143/the-antitrust-case-against-facebook/

At least they're pretty much equivalent in sizes and competing with each other. Imagine if Facebook, Google, Amazon and Apple merge into one big corp. That would be monopoly. There would be no competition at all. But that won't happen, because the government would intervene. So our current situation is somewhat OK.

This is IMO one of the greatest dangers of leaving those huge corporations like Facebook, Google, Amazon etc. unchecked - they're starting to attack competition by leveraging their primary products (Amazon blocking Chromecasts, Facebook censoring links and pages about their lawsuits are two latest cases) and are working deliberately against interests of greater public (and capitalism itself if we can stretch that :) )I think it's slowly high time the anti-monopolistic regulation loo

Just a thought but if big tech that controls entire markets is bad now (apparently some law makers seem to think so), maybe don’t let this happen.