Showing posts with label Competition. Show all posts
Showing posts with label Competition. Show all posts

Friday, 20 July 2018

How to control Tech Oligopolies

A new effort has not be made to control the power of the FAANG oligopolies. Similar to the Trust-busting period of the early 1900's. These firms provide products that are superior but the nature of this new wave of technology leads to a winner-takes-all situation and dominance by the market leader. So let's look at the major players one by one:

Google - should not be allowed to favor paid ads, no collecting of individual search histories, full publication of search 'algorithm', no cross-selling of other Google products

Amazon - break up the hybrid model, sell own products or third party products

Apple - do not allow exclusive App store, Pay system

Facebook - do not allow collecting and use of search histories

Netflix - do not allow mix of platform and own production (Film studies had to divest cinemas in the USA)

Microsoft - end the copyright protection, long overdue

Tuesday, 13 June 2017

Growing Employer Abuse of the Non-Compete Clause

These clauses are just a tool to prevent competition, are not only hurting the workers concerned but as a consequence also the consumers. In addition they build a moat that allows the 1% to prosper at the expense of the many. Blanket abolishment is the only solution to this abuse of power.
Growing Employer Abuse of the Non-Compete Clause

Saturday, 6 May 2017

Ban Non-Compete Clauses

Non-compete clauses are a tool that should not have a place in a free-market society. It may help the company/employer but restricts competition. The more suppliers there are for any given product the better for the majority, i.e. the consumers. Why are unions not taking a clear stand on this issue?
noncompete-agreements

Friday, 31 March 2017

Amazon's Bezos on way to richest Man on Earth?

No surprise if AntiTrust regulators are asleep at the wheel. Separation of own-account trading and platform for third parties or you create a Monster Monopoly!
http://www.marketwatch.com/news/story.asp?guid=%7B5550BF6C-154E-11E7-BCC7-456FC1EDA05D%7D&siteid=rss&rss=1

Apple sends warning to banks with Australian mobile payments decision

Time to get tough with the (mostly) American Oligopolies (that try to become de-facto monopolies). If Apple sells a phone it should not be allowed to control the content. In the case of payment systems there should in any case a requirement to make them open to all. There is only one telephone network for landlines, imagine the Telcos could tell you who you would be allowed to call!
So break up Apple, the USA  trustbusters of the early 19th century knew what they had to do!
Same for Google, Yahoo, Facebook - not control of search history or mixing search function with other lines of business.
Amazon should only be allowed to sell for other businesses or on its own account. Running a platform as well as a business is clearly stifling competition.
Apple sends warning to banks with Australian mobile payments decision

Thursday, 16 March 2017

The Dystopian Future of Price Discrimination

Time for our Solons to stamp out any incipient abuses. Start with Google - ban collecting search history, ban selling slots on search results, then Amazon - break up the business, own sales and agency sales, Apple - divest from content sales
The Dystopian Future of Price Discrimination - Bloomberg ViewThe Dystopian Future of Price Discrimination - Bloomberg View