AFAIK Google ran Youtube at a loss for like a decade or more, and only recently is trying to turn it profitable.
When Rockefeller sold oil at a loss to capture markets and drive out competition it was considered unfair monopolistic practice; nowadays most tech companies run at a loss for years and years until they have a stranglehold on their market, and this is normal.
No company should be allowed to run a service that doesn't make money; but of course implementing this rule would cause like 70% of tech companies to be forcefully closed down.
The government stopped doing antitrust enforcement in general. Big tech has lobbyists, so they especially don't get punished, but nobody really does anyways. They should have broken up MS into parallel and competing businesses when they could have. Now MS is less the bad guy, but the precedent that you just issue a restraining order and hope the market sorts it out is established.
Monopoly always leads to shit like this.
We need viable competitors so Youtube can get punished by consumers.
Rumble and Odysee are increasingly viable, and would be even more so if more people would stop bitching and just switch.
I think twitter is the only viable alternative but Elon needs to improve the video player.
Let’s not forget- Google allegedly abuses their search monopoly to push users into their youtube business.
It has been illegal for 100+ years to use one monopoly to push users into another of your businesses (Rockefeller did this in 1890s)
AFAIK Google ran Youtube at a loss for like a decade or more, and only recently is trying to turn it profitable.
When Rockefeller sold oil at a loss to capture markets and drive out competition it was considered unfair monopolistic practice; nowadays most tech companies run at a loss for years and years until they have a stranglehold on their market, and this is normal.
No company should be allowed to run a service that doesn't make money; but of course implementing this rule would cause like 70% of tech companies to be forcefully closed down.
The government stopped doing antitrust enforcement in general. Big tech has lobbyists, so they especially don't get punished, but nobody really does anyways. They should have broken up MS into parallel and competing businesses when they could have. Now MS is less the bad guy, but the precedent that you just issue a restraining order and hope the market sorts it out is established.