Re:EU Digital Markets Act, aimed at Google, Apple, Amazon, a...
by naasking on Wednesday July 20, 2022 @02:18PM
(#32169962)
> Further it seems more like a moat to keep anyone else from getting as big as these "digital gatekeepers" are as suddenly when you get to a certain size you have an enormous expense.
Yes, and that's a good thing. It suppresses monopolistic tendencies before they can take hold, rather than trying to prove they are a monopoly and trying to figure out after the fact how to break them in a sensible way.
> If these companies really are that large that they have to get special laws for them isnt the solution to dissolve their monopoly and split the company up instead of starting to create separate classes of laws.
Why? All you're doing is letting that monopoly create the great device/service/whatever that lots of people seem to be enjoying, but levelling the playing field so they are still forced to compete for users instead of exploiting their monopoly power to kill any competition.
Encouraging competition is the ultimate goal because that's where the progress from capitalism comes from. If we can continue to encourage competition without going about the messy business of directly interfering with how a company is structured or how it operates, that seems like a win.
Yes, and that's a good thing. It suppresses monopolistic tendencies before they can take hold, rather than trying to prove they are a monopoly and trying to figure out after the fact how to break them in a sensible way.
> If these companies really are that large that they have to get special laws for them isnt the solution to dissolve their monopoly and split the company up instead of starting to create separate classes of laws.
Why? All you're doing is letting that monopoly create the great device/service/whatever that lots of people seem to be enjoying, but levelling the playing field so they are still forced to compete for users instead of exploiting their monopoly power to kill any competition.
Encouraging competition is the ultimate goal because that's where the progress from capitalism comes from. If we can continue to encourage competition without going about the messy business of directly interfering with how a company is structured or how it operates, that seems like a win.