politics
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Monday, August 5, 2024
wallstreetbets (@wallstreetbets) on X
TREMENDOUS SPEED!
twitter.comhaven't watched yet but also came out today
https://vxtwitter.com/TuckerCarlson/status/1820505150244413449
vxtwitter.com
DramaAlert (@DramaAlert) on X
HASAN ACCUSES ADIN ROSS OF ELECTION CRIME ‼️ Leftist streamer Hasan Piker accuses Adin Ross of election crime by gifting Trump a Rolex.. What do you think? 🤔
twitter.comReplying to Spooky Phijkchu #spooky.131 Click to see original message
You were right Spooky
Glenn Greenwald (@ggreenwald) on X
HUGE: A federal court judge rules -- in a case brought by the Trump DOJ and continued by the Biden DOJ -- that Google is an illegal monopoly and violated anti-trust laws by abusing their search monopoly by forcing consumers to use its search engine. Remedies to be decided next.
twitter.comJudge Mehta found that Google doesn’t have a monopoly in the market for general search advertising, noting that competitors like Amazon.com Inc., Walmart Inc. and other retailers have begun to offer advertising related to searches on their own websites. But Google does have a monopoly over search text ads, which appear at the top of a search results page to draw users to websites, he said.That's the basis of the ruling
it's kind of interesting, basically that because Google has this monopoly, they cannot pay Apple/Samsung billions of dollars to make their search engine the default, because that would be horizontally integrating themselves
I personally do not think that they will do anything radical to Google, it will likely be a large fine and a requirement to be extra conciliatory when it comes to ads
There's a bigger case next month that they'll probably win, but if somehow they don't they would most likely get broken up
please break up every megacorp
please let this be the actual thing that happens among all the nothing that ever happens
into GoogleAds, GoogleWebServices, and GoogleMobile/Android
that next case is literally a joke
that they have a monopoly because they are the only company able to use technology to acomplish providing their core services
i.e., you cannot go to Walmart, and buy your own YouTube (actual court example)
lmfao
I mean, I think there is a possible legal arguement that they have a defacto monopoly because the things they do are prohibitively expensive to make real competition
but thats a retarded way to phrase that idea
it would be a crazy precedent to set
tbh, I go back and forth on breaking companies up
as much as I hate certain companies, there's never been a successful government forced merger/breakup,
it either achieves nothing or massively handicaps entire industries
I think the thing that needs to be done is just force them to do things that they are free to refuse to do sometimes
what things depends on what company
I'd be more in favor with the government being able to unilaterally oust the board of directors, and run the corporation directly for a period of 5 years
if it's between that and a forced breakup
hear me out spooky
if corperations are people, the government needs to mandate they can forcfully divorce two people
that is the in
perfect
sure, US debt is not 100 trillion
thats what you'd need for that fund Dialga
it is prohibitively expensive
