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But in recent years Microsoft has mostly escaped the kind of antitrust scrutiny applied to #Amazon, #Apple, #Meta, and #Google, each of which is fighting its own #monopoly charges from the #government.
If you call it Meta instead of #Facebook then Google is #Alphabet. Good journalism is so hard to find... đ©
#economy #politics #justice #siliconvalley #technology #Software #Problem #future #capitalism #internet #news #usa
https://www.propublica.org/article/microsoft-white-house-offer-cybersecurity-biden-nadella
Reporting Highlights
#monopoly #monopolies #microsoft #propublica #cybersecurity #security #safety #biden #it #antitrust #antitrust-law
#politics #plutocracy #monopoly
https://www.thebignewsletter.com/p/wall-street-celebrates-a-coming-trump
article here -> https://archive.ph/DPtgt
https://www.ft.com/content/f6e84608-e0e5-48c5-a0eb-dde7675fb608
#politics #USA #corruption #monopoly #oligarchy
https://www.newyorker.com/magazine/2024/10/14/silicon-valley-the-new-lobbying-monster
I heard the judge at Google's antitrust trial left to coach Kamala Harris for her Presidential debate, but after looking for more information on (ironically?) Google, I discovered it wasn't the judge, it was Google's lead defense attorney, which is a lot less weird, but is still a little weird.
"Karen Dunn, a litigator at Paul Weiss, opened Google's defense in a federal court case targeting its digital ad business. Shortly after, she reportedly helped Harris prepare for her debate with Donald Trump in Philadelphia."
What's y'all's predictions for how these antitrust cases are going to turn out for Google? Business as usual or a radical change in Google's business practices?
Who is Karen Dunn? Key figure behind Kamala Harris' debate preparations
https://arstechnica.com/tech-policy/2024/09/breaking-up-google-could-make-online-ads-less-terrible/
And what does Judge Brinkema think? So far, Brinkema, while ruling against the DOJ on their request for a jury trial, has been strongly skeptical of Googleâs arguments and its team. She denied Googleâs motion to dismiss for all five monopolization claims, saying âthere are enough specific allegations, including various quotes from people within Google, you know, referring to some competitors as presenting existential threats,â that the case should go to trial.
Or more technically Alphabet.
The company's quite clearly not only a monopoly (duh) but an abusive one (duh), and has been for years, if not decades.
It's also, however, a rather complex assemblage of bits which as I've noted in the past has an interesting combination of both rent-seeking activities (advertising) and stuff that looks strongly like "public goods" in the technical economic sense: nonrivalrous and nonexcludable in consumption with near-nil marginal costs: search, browser development, and a bunch of other stuff.
Along with roles which don't fit well into traditional anti-trust space, most especially an insane level of data aggregation and control over flows (Web, email, consumption, real-space audio and video monitoring, and more).
I'm not fully up to speed on recent judicial findings (DC Circuit judge Amit P. Mehta), though I've followed some discussion.
Past anti-trust cases have involved regional divestment (AT&T, funny how that worked out), consent decrees (AT&T again ~1954, IBM, Xerox, Kodak, Microsoft, Facebook, Google), which have had some useful benefits (AT&T's exclusion from software/computer markets directly gave rise to Unix, Linux, and much of MacOS, Microsoft slowed down a smidge after its 1990s knuckle-rap), but leave me underwhelmed.
Anyhow, have at it, discuss. Seriously if at all possible, thanks.
Reshares welcomed, discussion on original if possible.
#Google #AlphabetInc #Antitrust #monopoly #AntitrustRemedies
source: https://news.itsfoss.com/google-mozilla-firefox-threat/
Many of you might know that Mozilla receives royalties from Google through their foundation for keeping the giant's #search engine as the #default option on all new Firefox installations, be it mobile or desktop.
#browser #finance #freedom #news #software #money #internet #www #web #problem #money #opensource
#politics #oligarchy #plutocracy #monopoly
Why is the FTC looking at McKinsey? The reason is that this consulting giant is a ringleader of pricing in the economy. McKinseyâs main strength is that it is trusted by corporate America to gather large troves of sensitive business data, and then share insights about that data. To give you a sense of how this system works, hereâs an email from a BIG reader on how important McKinsey is to his corporation.
https://www.thebignewsletter.com/p/monopoly-round-up-price-fixing-in
https://www.404media.co/google-is-the-only-search-engine-that-works-on-reddit-now-thanks-to-ai-deal/
#politics #monopoly #antitrust
Uh oh.
https://www.thebignewsletter.com/p/billionaire-orders-kamala-harris
When #British farmers protested outside the Houses of Parliament earlier this year, they sent 49 scarecrows, after a survey had found that 49% of UK fruit and vegetable farmers said they expected to go bust within a year. The scarecrows stood in for real farmers, who are mostly too afraid to speak out.
One farmer told campaigners they had grown 60 tonnes of salad potatoes for a large UK supermarket, only for the supermarket to suddenly cancel the order, leaving the farmer âfinancially screwedâ. The arbitrary power that supermarkets wield instils fear, which the supermarkets leverage to impose take-it-or-leave-it fees and other unfair conditions on farmers.
The problem is our monopolised food system.
Think of it as a vast profit machine shaped like an hourglass, with many food producers at the top, millions of consumers at the bottom, and a few dominant firms â such as giant supermarkets or global food traders â clustered at its narrowing neck, siphoning a cut from the passing traffic. This power ripples through global supply chains.
#UK #Food #poverty #hunger #farmers #agriculture #farming #consumers #supermarkets #monopoly #CorporateGreed #CorporateTerrorism #corruption