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#monopolies — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #monopolies, aggregated by home.social.

  1. "If Kagi (a startup with a handful of engineers) can extract useful search results from Google's databases, then Google – a thrice-convicted monopolist that's had its pick of thousands of the top computer scientists from the world's most prestigious universities for a generation – could also do so.

    They just choose not to.

    They're too big to fail. They're too big to jail. They're too big to care.

    Google's AI search isn't a way to fix its broken core product: it's a way to partially remediate the damage Google itself inflicted on the open internet, while imprisoning the web in a walled garden that would make Steve Jobs drool:
    (...)
    It's a deadly combination: Google has committed hundreds of billions to stock buybacks and its AI money-furnace, financed by mass layoffs targeting the people who keep the core services useful. The too-big-to-care company is still the internet's gatekeeper, but half the guards at the gate have been fired and the other half have pulled so much overtime that they keep falling asleep on the job.

    Google has become a scammer's paradise.

    Take Google's "answer box." This is the part of the search results page that tries to answer your query directly, without sending you elsewhere for that info. Back in 2023, Google's Answer Box was taken over by scammers who impersonated airline help desks. When Google's users searched for airlines' toll-free phone numbers, Google directed them to phones that rang in the scammers' boiler room, where they were tricked into giving up their passport info and credit card numbers to boiler-room thieves:"

    pluralistic.net/2026/08/05/abs

    #Google #Search #SearchEngines #AI #AISearch #Scams #AIOverview #BigTech #Monopolies #Antitrust

  2. “We must #protest. #Interrupt. #Disrupt. #Strike.
    And above all — prepare for massive #boycotts.
    Not temporary boycotts. Not symbolic ones.
    Permanent #divestment from the #monopolies that bankroll #authoritarianism and manufacture #oligarchs.”

    survivorsguidetoearth.com/

  3. "The adtech problems drew a monopolization case, and Google lost that one too. And though the remedy is still to come, few think Google will be fundamentally restructured.

    And that’s a tragedy, because the shift to AI is perhaps more significant than the shift to mobile. As with the early search market, there are several companies offering foundational AI services, like OpenAI, Microsoft, Perplexity, Anthropic, DeepSeek, and so forth. The two key resources determining which model wins are, same as search before, data and distribution.

    Google, as you’d expect, is repeating its search monopolization playbook with Gemini. It is self-preferencing Gemini across its lines of business, which is what it did with Android and search. It is cutting deals to insert Gemini into every major retail channel, which is analogous to its payments to phone makers to thwart rival search engines. Then there’s its deal with Apple, which is virtually identical to what Judge Mehta found to be the original Apple-Google arrangement enabling the illegal monopolization of the search market.

    Mehta’s failure to impose a remedy was permission for Google to repeat this scheme with generative AI. And now it has. This deal will ensure that Google’s artificial intelligence chatbot product will become dominant in the most important mobile ecosystem in the world. And its experience structuring adtech markets suggest that if it mediates the entire economy, many tradition businesses will wind up like newspapers, eliminated as Google appropriates profit margins for itself and destroys the ability of consumers to differentiate products based on quality, innovation or other values. It could be an extinction level event for many commercial areas, like the death of the open web, and a dramatic narrowing of consumer choice."

    thebignewsletter.com/p/will-go

    #Google #AI #LLMs #AISearch #PriceFixing #Monopolies #Oligopolies #Competition #Antitrust

  4. I've never hated #capitalism as described in my #Economics classes or by its proponents. I hate #CronyCapitalism, #monopolies & #monopsonies & their "oli-" kin ( #oligopoly for example). I want actual #FreeMarket capitalism with strong #rules, enforced equally. I want true #AdamSmith capitalism.

    Why The Rich Hate Capitalism -...

  5. Boot KP out of ALL their #monopolies!

    #KingPower cites economic doldrums while #closing storefronts in 3 #Thai #airports
    "Among te 7 issues was an apparent deviation from te terms of reference in the #contract btw King Power & #AOT due to a #government #policy shift in 2024, #duty reductions for wine, a lack of proactive state measures to bolster confidence for #Chinese #tourists, & a general #downturn in overall #tourism. Admitting to a lack of confidence in persisting"
    bangkokpost.com/business/gener

  6. The payoff from Thiel’s early gamble in Trump is a lesson that has not passed others by.

    As with their other obsession, #crypto, the best time to have invested in Trump was 2016,
    and the second best time is today.

    We already have a word for what we’re watching now:
    it’s #oligarchy.

    And we’ve already seen how this plays out.

    In Putin’s Russia, political and commercial interests are one and the same.

    Thiel is betting
    – again
    – on the same phenomenon in America.

    Betting that he will be first among a new breed of tech bro oligarchs
    – a new super-class of #broligarchs.

    In Trump’s America, there will be hard choices for everyone, including the billionaires. --
    Though it may be less hard for them.

    Vance has said he wants to #deregulate crypto and
    unshackle AI.

    He’s said he’d #dismantle Biden’s attempts to place safeguards around AI development.

    And while he has it in for the #legacy #monopolies of Google and Facebook
    – the platforms that his ideological bedfellows in the “new right” see as part of the “censorship industrial complex” suffocating rightwing speech
    – Silicon Valley is betting on a gloves-off, regulation-free, pro-business #goldrush.

    Another Peter Thiel acolyte was on stage at the Republican National Convention last week,
    electrifying the crowd:
    #Hulk #Hogan.

    Hogan is less well known as one of Thiel’s longterm bets, though in some ways he’s even more instructive than Vance.

    In 2007, the online magazine #Gawker outed Thiel and ran a series of unflattering articles about him.

    It took him years, but he ultimately got his revenge, covertly funding Hulk Hogan to the tune of $10m to sue the publication for invasion of privacy and forcing it into #bankruptcy.

    On stage at the RNC, the wrestler, a permatanned orange, ripped off his shirt for the man who increasingly looks like he’ll be America’s next president.

    Or, if JD Vance, is correct, the man who will prove to be the #Caesar he says America needs.

    A man who he has already urged to fire the nation’s civil servants to
    💥 “replace them with our people”,
    to defy the courts and rule his own way.

    Or, to put this in simple terms:
    to foment a #coup.

    Thiel knows what every investor knows. That a crisis is an opportunity.

    And that if Trump succeeds in tearing up the federal administration,
    there is not only billions to be made in the ensuing market #turmoil but that a new breed of oligarchs,
    close to Caesar’s throne, will be the first to share the spoils.

    And chief among them will be Thiel.

    It’s not a stretch to see how #Palantir, his data-mining company
    – that under the Conservatives got its teeth into the NHS
    – will profile and surveil and target Caesar’s enemies.

    And Thiel’s track record in winning, in successfully betting on the longest of odds, on biding his time, is maybe the most chilling of all the factors in a fortnight that has started to feel like the start of a run on the bank.

    Biden’s debate disaster,
    Trump’s victorious assassination survival,
    and now Silicon Valley’s ascension to the presidential ticket.

    The broligarchs have made their move
    – and the rest of us need to understand exactly what that means.

    #tech #elite #Sandberg #Page #Bezos #Peter #Thiel #tech #bro #Vance #Elon #Musk #Marc #Andreessen #Ben #Horowitz #Winklevoss #Chamath #Palihapitiya #David #Sacks #Palantir #Vance #Mithril #Capital #Narya #Capital