vrypan |--o--|
@vrypan.eth
OMG, why is the US so hostile to tech companies? > The Department of Justice late Tuesday indicated that it was considering a possible breakup of Google as an antitrust remedy. https://www.cnbc.com/2024/10/08/doj-indicates-its-considering-google-breakup-following-monopoly-ruling.html
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llamafacts
@llamafacts.eth
Competition = good. Monopolies = bad. If a company gets too powerful and the free market can't provide fair competition anymore, the government should. I think these things are positive long term. Google had the tools to do AI as we know it today years ago. But they didn't. Because it would hurt their business. It's about protecting what makes western societies great - fair competition.
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@m-j-r
It's going to be arbitrated over years. by which point, the market will have discovered some multiple of software value, probably with a different market distribution. after all, everyone's cognizant of multiple bottlenecks to free information broadcast & capture, not all of them being instituted.
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Josh Ellithorpe
@quest
It only makes sense if you view the DOJ as malicious.
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matthewb.eth
@matthewb
itβs a very convenient talking point that appeals to the dem voting base, basically βbillionaires bad, we need to stop these evil tech companiesβ
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MajorTom327
@majortom327.eth
Well, didn't the us do something similar with petroleum companies in like 1910 or something? Basically it's a valid concern when the company is having a monopoly. In that case, I feel it's a but because google is playing on too much plan. Splitting the company to have android away of the main company make sense imho.
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