Re:U.S. House committee approves blueprint for Big Tech crac...
by capableweb on Friday April 16, 2021 @06:50AM
(#26832234)
> Yes, so the issue is not just selling your own products in your own marketplace.
Of course not, the final issue is companies becoming monopolies and companies abusing their market positions, that is what we want to prevent, in order to foster innovation and open markets.
> I would say Home Depot has far more control of their markets than Amazon does
Maybe you're right, I know nothing about what's going on on the ground of the US. So if Home Depot do have more control of their market than what Amazon has of the e-commerce market (more than 50%), then they should also be under watch to see what "strategies" they employ to get more profits.
Just because the House is now investigating technology companies doesn't mean that hopefully whatever legislation comes out of this, cannot be applied to other industries.
Of course not, the final issue is companies becoming monopolies and companies abusing their market positions, that is what we want to prevent, in order to foster innovation and open markets.
> I would say Home Depot has far more control of their markets than Amazon does
Maybe you're right, I know nothing about what's going on on the ground of the US. So if Home Depot do have more control of their market than what Amazon has of the e-commerce market (more than 50%), then they should also be under watch to see what "strategies" they employ to get more profits.
Just because the House is now investigating technology companies doesn't mean that hopefully whatever legislation comes out of this, cannot be applied to other industries.