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Painful day for tech titans as EU finally sinks its regulatory teeth into them
(www.theguardian.com)
this post was submitted on 09 Mar 2024
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This headline implies that EUs moves are agressive and brutal while they arent. Breaking up monopolies is an ordinary step of keeping the market competitive.
It should be ordinary. But it isn't. Which means the market stagnants as competition basically stops. Like how Microsoft basically closed IE development when IE "won" the browser market by achieving monopoly.
There is the laissez-faire approach of abolishing patents and copyright so that these monopolies at least couldn't squash competitors on that basis, and then they'd slowly die without breaking them up by force.
But that's not plausible now.