• EU antitrust chief keeps open threat to break up Google
    32 replies, posted
Breaking the ISPs is useless since the reason internet is shit in the US is because of regulatory capture and collusion. It's a problem with the industry itself. And I mean again Walmart isn't really a monopoly. It just has about 20% of the share when it comes to traditional grocery stores. When you just break shit up because yolo you can cause a fuckton of economic damage to consumers for no reason.
There's a significant issue here: How would smaller companies operate and improve the ungodly complicated and expensive data infrastructure that the tech giants constructed? Unless they grow back to the size of Amazon and Google, they can't. We're at a point where technological and infrastructural development relies upon the resources of behemoth entities. We no longer live in the 19th century when consumers of any given service did not number in the hundreds of millions and said service did not require multiple billions of dollars a year to be maintained and upgraded. If nation-states are unwilling or unable to fund and construct the future themselves, then they should avoid interfering with the affairs of the organizations (outside of preventing corruption and abuse) that are vested in dragging the rest of us forward kicking and screaming. I'd rather see these companies acquire a pseudo-monopoly than think of the possible damages that could be dealt to things like AI development and rural Internet infrastructure construction because their resources were suddenly seized and split. The only entities that should be broken apart are the ones that are holding everyone else back: power companies, oil/coal industries, ISPs, etc.
What bothers me is how do you even break up Google without causing utter chaos? Especially since if you spin off Youtube, it will collapse near immediately.
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