Would you rather Facebook or Google or Apple boss you around? Think carefully.It’s hard to stop laughing at a GOVT law that says someone else cannot pick winners and losers. Politicians are like...hey that’s our job! Only we get to boss people around in the economy! Only we get to be the big thug bossing people around.
This is the death march of every empire. Their inertia gets too big and they fight against smaller innovators (cities and states) by increasing control over everything. Over time this inability to innovate leads to breakdown. They retool and downsize or die.We really need to break up these two political parties. They have become a monopoly and they’re not looking out for the small business or consumers…
Innovation in politics is severely limited
Yes. Because they cannot boss me around. I don’t use Google and I don’t use Facebook. Try not using the govt for a year and see how it goes.Would you rather Facebook or Google or Apple boss you around? Think carefully.
It’s the reverse. In Apple’s case it stifles it. Apple does not have a monopoly position any any of these areas but they attract better customers because they make better products with features people actually pay for. On almost every software market Apple makes a first party software the 3rd parties treated us like 2nd class citizens and left our versions way behind other platforms, until Apple made a 1st party app. Suddenly the competitors did what they claimed couldn’t be done before.About time. The concept of antitrust/antimonopoly is an old one, when people talk about a time when america was "great" - these types of policies (as well as labor unions) curtailed corporate greed. Look into Teddy Roosevelt and the trust-busters. This legislation seems to enhance competition, not stifle it. I see this as a win for all Americans.
Without updating these laws to apply to the 21st century? One of our country's greatest assets - the fair and free open market, cannot exist.
Which will screw so many consumers who love that model and want to continue to support it. A silent majority.Apple failed to address developer relations in any serious fashion at WWDC, and so they’ve now reaped the reward: a bipartisan bill specifically targeting the App Store business model.
We passed bills designed to end poverty and homelessness in the 1960s. Climate change a wee bit harder.Yet we still await bipartisan bills on ending, poverty, homelessness, climate change.
Yes, but how do we curtail their power to influence elections?Yes. Because they cannot boss me around. I don’t use Google and I don’t use Facebook. Try not using the govt for a year and see how it goes.
I don’t like that Google and Facebook have been shown to have power to influence elections and we should find ways to curtail those specific problems. But corporations are great - because they are optional.
Apple's business practices are awful and Tim Cook has really pissed off developers.Facebook has a virtual monopoly on social media.
Google has a virtual monopoly on search.
Amazon has a virtual monopoly on e-commerce.
Apple has a virtual monopoly on…checks notes…nothing.
As they say on Sesame Street, one of these things is not like the others…
Also a difference:
Amazon, Facebook, and Google rely on invading users privacy and actively oppose efforts to improve privacy.
Apple does the opposite.
These legislators are out of touch with tech, and it shows in their legislation.
What government, the Communist regime currently in power ? Still, this is good as I want Big Tech to suffer, wither and die. It has caused nothing but problems.Because THAT’S the kind of power the government should have.
At that point, aren’t they doing exactly what they’re accusing Apple of doing, picking the winners and the losers?
Hell, time to setup “separate” subsidiaries that don’t meet the market cap.
A silent majority doesn’t care as long as they can scroll Facebook.Which will screw so many consumers who love that model and want to continue to support it. A silent majority.
You don't get it. Even if you don't directly use their products and services, there are other ways they work their way into your life.I don’t use Google and I don’t use Facebook. Try not using the govt for a year and see how it goes.
Then bye bye cheap computers, good search and innovation at large. Big innovation needs big tech, like it or not.What government, the Communist regime currently in power ? Still, this is good as I want Big Tech to suffer, wither and die. It has caused nothing but problems.
It seems you missed my point. The "Bring it on" taunt didn't exactly lead to the results George had naively thought it would.^ who the HELL wrote these policies as in with what text editor? Try copy pasting from the source in the first Bill
#1 and above is what you get. Clarified below:
I don't think 'Bring it on' is what you really would think or say if you actually read EVERY bill word for word in detail.
Well both Republicans and Democrats came together and bailed them out instead of letting the free market determine if they would survive or fail.My money is on this being kabuki theater.
Remember those big banks that caused the great financial crisis in 2008? Those guys are bigger than ever despite 12+ years of dog & pony shows in DC.
Zero party.Why would you prefer a single party Government ?
U.S. House lawmakers today announced sweeping bipartisan antitrust legislation that could result in major changes to the tech industry, impacting companies like Apple, Amazon, Facebook, and Google.
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These measures are the culmination of a 16-month antitrust investigation into tech companies practices that kicked off in 2019, and which saw Apple CEO Tim Cook testify in an antitrust hearing alongside Alphabet/Google CEO Sundar Pichai, Amazon CEO Jeff Bezos, and Facebook CEO Mark Zuckerberg.
At the conclusion of that hearing, which took place in July 2020, the U.S. House Judiciary Antitrust Subcommittee leading the inquiry released a 450 page report with recommendations that have turned into the new antitrust bills that were proposed today. The five bills are aimed at Apple, Amazon, Facebook, and Google, with Antitrust Subcommittee Chairman David Cicilline suggesting the legislation will "level the playing field."
Rep. Ken Buck, the lead Republican on the committee, said that the four major tech companies have "harmed American businesses and consumers" by prioritizing "power over innovation."There are five separate bipartisan bills that have been drafted by lawmakers, as outlined below:
Apple's competitors have already been weighing in on the bills. Spotify legal chief Horatio Gutierrez said in a statement that the American Choice and Innovation Online Act is an "important step in addressing anti-competitive conduct in the App Store ecosystem, and a clear sign that momentum has shifted as the world is waking up to the need to demand fair competition in the App economy."
- "American Innovation and Choice Online Act" - Prohibits discriminatory conduct by dominant platforms, including a ban on self-preferencing and picking winners and losers online.
- "Platform Competition and Opportunity Act" - Prohibits acquisitions of competitive threats by dominant platforms, as well acquisitions that expand or entrench the market power of online platforms.
- "Ending Platform Monopolies Act" - Eliminates the ability of dominant platforms to leverage their control over across multiple business lines to self-preference and disadvantage competitors in ways that undermine free and fair competition.
- "Augmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act" - Promotes competition online by lowering barriers to entry and switching costs for businesses and consumers through interoperability and data portability requirements.
- The "Merger Filing Fee Modernization Act" - Updates filing fees for mergers for the first time in two decades to ensure that Department of Justice and Federal Trade Commission have the resources they need to aggressively enforce the antitrust laws.
If ultimately passed, the legislation will overhaul competition laws that have not been revisited for decades, but tech companies will likely fight the bills.
Article Link: U.S. Lawmakers Introduce Antitrust Legislation That Could Significantly Impact Apple and Other Tech Companies
This analogy doesn't make sense though, as Apple was the dominate one via iTunes and then Spotify came along and took over the market. It's more like Apple was one of the first popular Personal Computers with the Apple II, and then IBM came along with their IBM PC and took over the market with Apple never recovering the huge lead in personal computers again.At some point Netscape dominated Microsoft explorer then they disappeared 5 years later.
Eventually they won't be able to keep up with Apple if they have to pay the same royalty fees that Apple does plus 30% of their revenues on top of it. The maths are pretty easy.