News for hackers. Stuff that matters.

A comment on Competition Is Dying, and Taking Capitalism with It?. Parent comment

Re:Competition Is Dying, and Taking Capitalism with It? by Eridrus on Wednesday November 28, 2018 @11:43PM (#18558158)
While I think copyright was a very relevant law when selling boxed products, it's less clear that copyright is the relevant law in the age of SaaS. I think trade secrets law is much more relevant these days.

And in any case, many tech giants exist around natural monopolies, either in network effects, either obvious ones, or those from two sided marketplaces or simply economies of scale.

[ Parent | on HN ]
Re:Competition Is Dying, and Taking Capitalism with It? by freedomben on Thursday November 29, 2018 @01:46AM (#18558542)
> many tech giants exist around natural monopolies, either in network effects

Yes, network effect is a huge part of the problem. So much in tech requires user adoption, and typically users won't adopt until others adopt, thus creating chicken and egg problem. Overcoming the network effect is extremely difficult, as we've seen from competing platforms trying to unseat facebook and twitter (tho network effect is not limited to social networks, but they are the most obvious examples)

[ Parent | on HN ]