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US Court Rules Google a Monopoly in 'Biggest Antitrust Case of the 21st Century'.
(www.commondreams.org)
this post was submitted on 05 Aug 2024
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Steam? Really out of all these, the the one that treats it's customers properly and gives them any and all tools needed to make a proper purchase decision with many big sales consistently. Great call
So because they're treating you right it's ok to put 70% of the market in the hands of a single person?
Just having a high market share isn't the issue. It's abusing that dominant market position that is.
Valve has been smart enough not to do that. Google, Amazon, Microsoft and the like haven't. In fact, Valve's competitors have been more anti-competitive than Valve.
ASML, who make EUV machines and other semiconductor tooling, is also in a dominant market position (way more dominant actually). Do you ever see calls to break them up? No. Because they haven't been abusing their power. They know that if they put a toe out of line, they'll be in trouble with regulators.
Google and the like have been able to act with impunity because the US protects them, to the detriment of their smaller companies and their citizens.
ASML is basically a strategic asset. Breaking them up to have a more level playing field inherently threatens the West's economic-political position. If ASML abused their position, it wouldn't be the regulators so much as the CIA that showed up to tell them to reconsider.