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How Silicon Valley’s Dirty Tricks Helped Stall Broadband Privacy in California
The monopolies are banding together to cement their place. This seems like a turning point where Google & Silicon Valley side with big telcos.
monopoly  google  facebook  telecom  business  legal 
5 days ago by jefframnani
Michael Tsai - Blog - We’re Just Doing Data Entry for Google
Interesting point that Google is using data it scrapes from the open web for its voice products like Google Assistant. Users will rarely ever see the original content on the creator's site.
facebook  google  monopoly  web  business 
7 days ago by jefframnani
US regulators demand CNN sale to approve AT&T-Time Warner deal
AT&T is opposed to selling the TV network and is preparing to take the Trump administration to court, arguing the deal with Time Warner does not pose any competition violations

John Stephens, AT&T’s chief financial officer, told a New York investor conference on Wednesday...that a “vertical merger like this hasn't been blocked for over 40 years”.


Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/149b22dc-c494-11e7-a1d2-6786f39ef675

During the presidential campaign, Mr Trump had promised to reject the deal outright, saying it concentrated too much media control into a single corporate entity.

But Makan Delrahim, the new head of the justice department’s antitrust division, has been more conciliatory, saying before taking office that he did not believe the merger posed a “major antitrust problem”.

The CNN divestiture is one of two demands the DoJ has made
antitrust  monopoly 
10 days ago by brycecovert
André Staltz - The Web began dying in 2014, here's how
“25 years of the Web has gotten us used to foundational freedoms that we take for granted”
web  monopoly  netNeutrality  Internet  freespeech  freedom 
10 days ago by Jswindle
The Daily Bell -- How Insurance Companies Could Easily Replace Government
'Government is a big insurance company. Except you can’t shop elsewhere for insurance. And their price is super high. And they threaten you if you don’t want to pay them. And the services they deliver are sub-par for the price. And you can’t itemize your “insurance” to only include the products you need. And often just when you need them most, you find out how incompetent, corrupt, and overall ineffective they are at ensuring you against anything. -- ... And because the government really doesn’t deliver on their promise of keeping people safe and coming to their aid, people still turn to private companies. People still find it in their best interest to use some of the 50% of their income left after the government plunders the rest to purchase insurance. -- ... The insurance provider encourages behavior that should be standard from the start. But because of the false belief that the government provides overall everything insurance, people don’t protect themselves how they should. -- The more people that buy into a platinum insurance plan the more the risk is spread. That means cheaper plans. But the government makes people believe they are already covered by public services. -- This is the idea behind government “insurance.” The risk is spread so far and wide that in theory, it should cost very little to be protected. But the government doesn’t run like an insurance company. Their incentive is not to reduce costs to themselves nor the people they protect. Because they don’t have to entice customers, they can charge more than a fair market price for their protection. Because customers cannot opt out, there is no incentive to provide good service. And since they are only tasked with protecting the property, and not replacing it, they have no actual incentive to prevent loss...'
economics  incentives  monopoly  government  statism  centralplanning  moralhazard 
12 days ago by adamcrowe
Uniform Pricing in US Retail Chains
We show that the uniform pricing we document significantly increases the prices paid by poorer households relative to the rich
antitrust  monopoly 
12 days ago by brycecovert
André Staltz - The Web began dying in 2014, here's how
The Suggest strategy is being currently deployed through Google Now, Google Assistant, Android notifications, and Google Home. None of these mentioned technologies are part of Web, in other words, not part of “browser-land” made of websites. The internet is just the underlying transport layer for data from their cloud to end-user devices, but the Web itself is being bypassed. Schmidt’s vision for the future is one where internet services are ubiquitous and personalized, as opposed to an experience contained in web browsers in desktop machines.
openweb  Amazon  Facebook  Google  proprietary  closedgarden  monopoly  critique  Staltz  2017 
13 days ago by inspiral
Tech and the Fake Market tactic - Anil Dash
The inevitable automated gaming of the early open digital markets inadvertently catalyzed the start of the next era: rigged markets. Google got concerned about nefarious search engine optimization tricks, and kept changing their algorithm, meaning that pretty soon the only web publishers that could thrive were those who could afford to keep tweaking their technology to keep up in this new arms race. After just a few years, this became a rich-get-richer economy, and incentivized every smaller publisher to standardize on one of a few publishing tools in order to keep up with Google’s demands. Only the biggest content providers could afford to build their own tools while simultaneously following the demands of Google’s ever-changing algorithm.

This is, by any reasonable definition, no market at all. One might even call Uber a “Fake Market”. Yet, by carefully describing drivers in their system as “entrepreneurs” and appropriating the language of true markets, Uber has been welcomed by communities and policymakers as if they were creating a new marketplace. That has serious implications for policy, regulation and even civil rights.
markets  internet  business  economics  monopoly  SiliconValley  technology  culture  uber 
13 days ago by jefframnani
Take a look at a 1940s Monopoly War Time edition made at height of WWII / Boing Boing
After hunting for two years, collector Austin McConnell found a 1940s Monopoly set that gives us a hint of what wartime was really like.
gaming  WWII  Monopoly 
15 days ago by tiredoldfellow
Social media firms under scrutiny for 'Russian meddling’ - BBC News
Facebook, Twitter and Google lawyers defended themselves to US lawmakers probing whether Russia used social media to influence the 2016 election.
The three firms faced hard questions at a Senate panel on crime and terrorism about why they missed political ads bought with Russian money. &! https://www.the-american-interest.com/2017/10/30/social-media-democracy/ - Francis Fukuyama - This is not the situation that prevails in today’s internet world. There are not a variety of competing platforms with differing points of view; rather, there is Facebook, which has become a sort of global utility. [ creating for each their own bubble own world, enabling to reject, deny reality in spite of fact. Orwell on nationalism: https://en.wikipedia.org/wiki/Notes_on_Nationalism - Indifference to reality ] ESPECIALLY when the user is the product, sold to corporates. Keep users more and more clicking = keep making more and more money. &! Displayed in their dedicated teams in-house support for Trump campaign! $85m. Client satisfaction and profit maximisation. --- https://www.buzzfeed.com/alexkantrowitz/facebooks-2016-election-team-gave-advertisers-a-blueprint?utm_term=.ox8O6gxWY#.ji2Ngpmoz &! https://staltz.com/the-web-began-dying-in-2014-heres-how.html
Facebook  democracy  presidential  election  2016  Brexit  Donald  Trump  DonaldTrump  AfD  far-right  right-wing  alt-right  Social  Media  Newsfeed  bubble  algorithm  filter  bias  Gesellschaft  Nationalism  Orwell  Orwellian  Patriotism  demagogue  Twitter  Google  monopoly  duopoly  monopsony  Amazon  antitrust  Francis  Fukuyama  totalitarianism  Capitalism 
18 days ago by asterisk2a

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