this post was submitted on 13 Aug 2024
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Will this work out for consumers if other tech giants like Apple, Microsoft, or Amazon, etc. aren't also broken up simultaneously? Won't Google's assets just get sucked up into another existing monopoly and we'll be right back where we were but with one less choice than before?
I'm genuinely curious.
It won't. It simply benefits Apple and Amazon who should have been broken up a decade ago
Amazon literally has had a mostly worldwide monopoly
Don't forget that the right wing has a hard-on for Google. People like them are Apple's target market (I guarantee their families were the first to get iPads) and don't forget their really warped questions during the congressional hearings which demonstrated that they had done absolutely no research and had a huge inherent bias. Stupid questions like "if I walk 3m to the right, can you guys see that". Or, why does president Trump come up as the first hit on Google for loser
I support this, but only if it happens to all 3 companies simultaneously . Otherwise, we're just transferring more power to Apple (who honestly have followed some Trump style tactics over the last 25 years)
I get the idea behind a duopoly, but from an economics and game theory point of view, but, if applied unequally, another monopoly will simply take advantage.
Capitalism finds a way.