The biggest finding from this week's House antitrust report on Big Tech isn't that Amazon, Apple, Google and Facebook are monopolies. Believe it or not, monopolies are actually legal under current US law.
What's not allowed is corporate malfeasance designed to preserve monopoly power, at the expense of competition. And it's here that the House report makes its most significant claim — one that experts say may underpin future efforts by Congress to crack down on Big Tech.
These corporations make money not on corruption, money laundering n bank frauds; it’s democracy! Free market has spoken. If one doesn’t like these big companies, leave! This isn’t China or N. Korea or Russia, leave! Let democracy Ring! Those ppl are great entrepreneurs.
No stressing on this. We’re just a bunch of little fish.
Big tech is starting to run the country.
Always doing my best to effort things as well
they're not legal we've just decided not to enforce the laws against monopolies for the last 15+ years
EndSarsNow EndPoliceBrutality EndSARS EndSarsProtests EndSARSProtest EndSARSImmediately EndPoliceBrutalitynow EndPoliceBrutalitynow EndSARSBrutality
Plaid_JackMa BBCWorld AJEnglish eBay amazon AliExpress_EN i got scamed from AlibabaGroup supplier took 1300$ and did not deliver the product giving me excuses
What has always puzzled me is why consumers have always acted so weak when they are always in the driver’s seat. They can’t make people use their products and services. They always change their ways when you get in those pockets.
Monopolies isn’t true capitalism, for those keeping score.
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »