Re:CBS “60 Minutes” piece on Google’s abuse of dominance
by baal232 on Monday May 21, 2018 @11:47AM
(#17119220)
You're right. This is a kettle-pot issue.
So how come so many arguments here get reduced to "I side with kettle!"
Yelp is bad. Google is bad. Or more precisely, both are amoral, and responding rationally to the incentives of the internet. The traditional anti-trust sense you mention doesn't take network effects into account. If you ask me, network effects cause the landscape of the internet to inevitably trend towards oligopoly.
This explains why the strategy of most startups amounts to "Growth at all costs, until you're the only game in town" (The model of Facebook, Google, Amazon, and every wannabe unicorn running at a huge loss to investors)
Yelp is bad. Google is bad. Or more precisely, both are amoral, and responding rationally to the incentives of the internet. The traditional anti-trust sense you mention doesn't take network effects into account. If you ask me, network effects cause the landscape of the internet to inevitably trend towards oligopoly.
This explains why the strategy of most startups amounts to "Growth at all costs, until you're the only game in town" (The model of Facebook, Google, Amazon, and every wannabe unicorn running at a huge loss to investors)