It’s time to break them up!
With Wal-Mart nipping at their heels and ready to take advantage if Amazon falters. I am no fan of Bezos, but Amazon has made it easy to get the medical supplies we need for my father.
Amazon has spawned on line buying from other vendors. Amazon is easy but Walmart has the capability to develop online and other methods to compete.
Lowes and Home Depot are heavy into online sales. All the above offer the ability to order on line and pick up that day. That is you can order from your place of work and pick up on the way home from the special pickup lanes. Ditto Office Depot
It is too soon to declare Amazon a monopoly.
All my lefty history profs LOOOVED talking about “Trust-busting”.
But they loathed the CIA.
Funny how it’s now the OPPOSITE.
This is a shot across the bows of the tech giants. They better stop their viewpoint censorship lest they be regulated into stopping it.
Hasn’t Microsoft been there for some time?
Apple today announced IOS12, and boy does it address this.
It blocks data retrieval. You sign into a site, and that site is unable to harvest off your hardware.
If that works as planned, there’s going to be a lot of whimpering from Fakebook and Gurgle.
The Big Data companies have reached a level of market dominance and control that’s on par with the giant monopolies of old.
They need to be broken up, much like AT&T was, decades agp.
I am no fan of Google, Facebook and now view Netflix as the enemy.
However they don’t control pipelines and refineries like Standard Oil did. They don’t control long distance lines, access and 80% of people’s home phones like AT&T.
It’s hard to treat them like a monopoly under the old rules because they don’t “own” anything. All of them people use of their own free will, in some cases pay for directly and no one is forced to use it for food, fuel, shelter or communication.
So under the old anti-trust laws, how do you break them up.
They’re not headed toward monopoly status. They ARE monopolies. Just look at their market share. Any bank, any retailer any company that had a market share that some of these companies have would have federal regulators and the DOJ crawling all over them and a full bore anti trust action going in the courts.
The Feds should at the very least lean on them with crushing force to ensure they stop engaging in viewpoint discrimination. If they do not immediately comply and keep trying to censor conservative voices, its time they were broken up.
Personal information thieves selling said to all bidders. The Internet and personal information are not saleable items in the absence of specific written consent for every single incident.