They are monopolies! Will Cons believe it?

[BackAgain]

Believe it? I’ve even played it.

Good game.

 

[Uncensored2008]

Time to bust them up and destroy their ability to influence our government and the two crime families.

THEY SAY THAT BREAKING UP IS HARD TO DO —​

House: Amazon, Facebook, Apple, Google have “monopoly power,” should be split​

Blockbuster report calls for beefing up enforcement and aiming for breakups.​

KATE COX - 10/7/2020, 4:16 PM
Last June, the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law began an in-depth investigation into four major firms—Amazon, Apple, Facebook, and Google. The subcommittee wanted to answer one key question: did Big Tech get big playing by the rules, or does it cheat to stay at the top? After 16 months of hearings, research, and analysis, the panel's findings are out... and the results look really bad for every company involved.

The tech sector does indeed suffer from abuses of "monopoly power," the subcommittee concluded in the mammoth 450-page report (PDF) published late yesterday afternoon.
House: Amazon, Facebook, Apple, Google have “monopoly power,” should be split


Hey Adam Smith (Toddsterpatriot. Flash) what say you?

Will conservatives believe that the far left companies run by the leftist radicals are "monopolies?"

 

[Toddsterpatriot]

Time to bust them up and destroy their ability to influence our government and the two crime families.

THEY SAY THAT BREAKING UP IS HARD TO DO —​

House: Amazon, Facebook, Apple, Google have “monopoly power,” should be split​

Blockbuster report calls for beefing up enforcement and aiming for breakups.​

KATE COX - 10/7/2020, 4:16 PM
Last June, the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law began an in-depth investigation into four major firms—Amazon, Apple, Facebook, and Google. The subcommittee wanted to answer one key question: did Big Tech get big playing by the rules, or does it cheat to stay at the top? After 16 months of hearings, research, and analysis, the panel's findings are out... and the results look really bad for every company involved.

The tech sector does indeed suffer from abuses of "monopoly power," the subcommittee concluded in the mammoth 450-page report (PDF) published late yesterday afternoon.
House: Amazon, Facebook, Apple, Google have “monopoly power,” should be split


Hey Adam Smith (Toddsterpatriot. Flash) what say you?

What is their market share? Are they monopolies like Microsoft was?

 

[Uncensored2008]

Apple.....don't think so. Haven't owned an Apple and it hasn't inconvenienced me at all.

Nor Amazon. Walmart is still the big player in consumer retail.

Google, Facebook, and Twitter are monopolies though.

 

[Toddsterpatriot]

Monopoly (noun) "the exclusive possession or control of the supply of or trade in a commodity or service."

Amazon isn't the exclusive purveyor of online shopping

Facebook isn't the only social media channel

Apple doesn't manufacture all (or even most) of the world's smartphones and computers

Google isn't the only search engine.


So, in what way do any of these companies constitute a monopoly?

Stop using logic.

 

[Harpy Eagle]

Congress could declare me a Catholic if they so wished ... it doesn't make it so.

It truly is the sign of the end times, Gipper of all people with the "well the Govt said so, thus it has to be true".

 

[fncceo]

It truly is the sign of the end times, Gipper of all people with the "well the Govt said so, thus it has to be true".

Signs and Wonders ...

 

[The Irish Ram]

Monopoly (noun) "the exclusive possession or control of the supply of or trade in a commodity or service."

Funny, that definition describes the Federal Reserve. They are a corporation that controls our Treasury and our money supply.

 

[Toddsterpatriot]

Funny, that definition describes the Federal Reserve. They are a corporation that controls our Treasury and our money supply.

Government monopolies are the worst.

Like the Air Force.

 

[Polishprince]

Government monopolies are the worst.

Like the Air Force.

The Air Force isn't a monopoly. Its a government agency.

 

[TroglocratsRdumb]

most apps require a google or facebook account to activate
that is a monopoly

 

[TroglocratsRdumb]

both google and facebook sell your personal information

 

[gipper]

Government monopolies are the worst.

Like the Air Force.

From the report…don’t be dumb forever Adam Smith. When did you become a Fascist?


Although these four corporations differ in important ways,
studying their business practices has revealed common problems.
First, each platform now serves as a gatekeeper over a key
channel of distribution. By controlling access to markets,
these giants can pick winners and losers throughout our
economy. They not only wield tremendous power, but they also
abuse it by charging exorbitant fees, imposing oppressive
contract terms, and extracting valuable data from the people
and businesses that rely on them. Second, each platform uses
its gatekeeper position to maintain its market power. By
controlling the infrastructure of the digital age, they have
surveilled other businesses to identify potential rivals, and
have ultimately bought out, copied, or cut off their
competitive threats. And, finally, these firms have abused
their role as intermediaries to further entrench and expand
their dominance. Whether through self-preferencing, predatory
pricing, or exclusionary conduct, the dominant platforms have
exploited their power in order to become even more dominant.
To put it simply, companies that once were scrappy,
underdog startups that challenged the status quo have become
the kinds of monopolies we last saw in the era of oil barons
and railroad tycoons. Although these firms have delivered clear
benefits to society, the dominance of Amazon, Apple, Facebook,
and Google has come at a price. These firms typically run the
marketplace while also competing in it--a position that enables
them to write one set of rules for others, while they play by
another, or to engage in a form of their own private quasi
regulation that is unaccountable to anyone but themselves.
The effects of this significant and durable market power
are costly. The Subcommittee's series of hearings produced
significant evidence that these firms wield their dominance in
ways that erode entrepreneurship, degrade Americans' privacy
online, and undermine the vibrancy of the free and diverse
press. The result is less innovation, fewer choices for
consumers, and a weakened democracy.
Nearly a century ago, Supreme Court Justice Louis Brandeis
wrote: ``We must make our choice. We may have democracy, or we
may have wealth concentrated in the hands of a few, but we
cannot have both.'' Those words speak to us with great urgency
today.

 

[fncceo]

Government monopolies are the worst.

Like the Air Force.

In fact, the US Navy has more aircraft than the Air Force.

 

[Toddsterpatriot]

The Air Force isn't a monopoly. Its a government agency.

I want some F-22s, but the Air Force has "the exclusive possession or control of the supply of or trade in a commodity or service."

 

[Toddsterpatriot]

In fact, the US Navy has more aircraft than the Air Force.

Those bastards!!!!

 

[Toddsterpatriot]

From the report…don’t be dumb forever Adam Smith. When did you become a Fascist?


Although these four corporations differ in important ways,
studying their business practices has revealed common problems.
First, each platform now serves as a gatekeeper over a key
channel of distribution. By controlling access to markets,
these giants can pick winners and losers throughout our
economy. They not only wield tremendous power, but they also
abuse it by charging exorbitant fees, imposing oppressive
contract terms, and extracting valuable data from the people
and businesses that rely on them. Second, each platform uses
its gatekeeper position to maintain its market power. By
controlling the infrastructure of the digital age, they have
surveilled other businesses to identify potential rivals, and
have ultimately bought out, copied, or cut off their
competitive threats. And, finally, these firms have abused
their role as intermediaries to further entrench and expand
their dominance. Whether through self-preferencing, predatory
pricing, or exclusionary conduct, the dominant platforms have
exploited their power in order to become even more dominant.
To put it simply, companies that once were scrappy,
underdog startups that challenged the status quo have become
the kinds of monopolies we last saw in the era of oil barons
and railroad tycoons. Although these firms have delivered clear
benefits to society, the dominance of Amazon, Apple, Facebook,
and Google has come at a price. These firms typically run the
marketplace while also competing in it--a position that enables
them to write one set of rules for others, while they play by
another, or to engage in a form of their own private quasi
regulation that is unaccountable to anyone but themselves.
The effects of this significant and durable market power
are costly. The Subcommittee's series of hearings produced
significant evidence that these firms wield their dominance in
ways that erode entrepreneurship, degrade Americans' privacy
online, and undermine the vibrancy of the free and diverse
press. The result is less innovation, fewer choices for
consumers, and a weakened democracy.
Nearly a century ago, Supreme Court Justice Louis Brandeis
wrote: ``We must make our choice. We may have democracy, or we
may have wealth concentrated in the hands of a few, but we
cannot have both.'' Those words speak to us with great urgency
today.

Wow!

It's even worse than I thought.

What is their market share? Are they monopolies like Microsoft was?

 

[gipper]

Wow!

It's even worse than I thought.

What is their market share? Are they monopolies like Microsoft was?

I thought you believed in free market capitalism Adam Smith, yet you support Fascism.

You’re terribly confused.

 

[Toddsterpatriot]

I thought you believed in free market capitalism Adam Smith, yet you support Fascism.

You’re terribly confused.

Absolutely.

Microsoft = Fascism.

It's so obvious now.

 

[Uncensored2008]

I thought you believed in free market capitalism Adam Smith, yet you support Fascism.

You’re terribly confused.

I'm confused;

Are you saying that Google, Apple, et al. are free market capitalism, or are they fascism? (Not that you appear to have any understanding of either term.)