They are monopolies! Will Cons believe it?

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?
Bezos worked his ass off to get Amazon where it is today.
Bill Gates belongs in a coffin.
 
AT&T was a monopoly ... it was literally illegal for anyone else in this country to offer telephone services in most US markets until 1984.

Where any other company was allowed to offer telecom service, they had to be (by law) an AT&T subsidiary or exclusively pay to use AT&T infrastructure.

And the result was, Americans paid high prices for zero innovation in the market.
You need to look back. ATT provided low cost service, dependability and universal access to the research done at Bell Labs. Plus ATT wasn’t the only national TELCO, GTE was nearly as large and far less productive and innovative. There were also many small TELCOs that served towns and counties where neither ATT or GTE operated. Deregulation resulted in far worse service, much higher prices and complexity the the average customer had trouble dealing with. There wasn’t zero innovation, but GTE and ATT decided what equipment would be produced and the various state Public Utility Commissions decided what equipment the TELCOs could provide and set the rates as well as the overall rate of return for the companies. US equipment was at least as advanced as European and Asian equipment of the day and the US set all the international standards for telephone communications.
 
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?

And if the Govt say so, then it has to be true as they are never wrong nor dishonest.
 

Forum List

Back
Top