Elizabeth Warren Says Apple, Amazon and Google Are Trying To 'Lock Out' Competition (recode.net)
Elizabeth Warren, an American academic and member of the Democratic Party, believes that Google, Apple, and Amazon are trying to use their size to "snuff out competition." In a speech about the perils of "consolidation and concentration" throughout the economy, the Massachusetts senator singled out the three of tech's biggest players. From a report:Warren had different beefs with Google, Apple and Amazon, but the common thread was that she accused each one of using its powerful platform to "lock out smaller guys and newer guys," including some that compete with Google, Apple and Amazon. Google, she said, uses "its dominant search engine to harm rivals of its Google Plus user review feature;" Apple "has placed conditions on its rivals that make it difficult for them to offer competitive streaming services" that compete with Apple Music; and Amazon "uses its position as the dominant bookseller to steer consumers to books published by Amazon to the detriment of other publishers.""Google, Apple and Amazon have created disruptive technologies that changed the world, and ... they deserve to be highly profitable and successful," Warren said. "But the opportunity to compete must remain open for new entrants and smaller competitors that want their chance to change the world again."
Do you think they even realize the deep hypocritical irony?
I'm glad to see she understands the first rule of business.
she wants all the consolidation and concentration going to government. so her posturing against companies that use government to shut the door behind them to keep competition out are a bit disingenuous.
what ever happened to people who want individual liberty?
Pulling up the ladder behind you is a STAPLE of the current tech company leadership.
i'm sorry, but it states clearly in company's articles of incorporation, on penalty of the directors being struck off and imprisoned and/or the shareholders suing them, that they MUST maximise profits, to the absolute pathological exclusion of all else. ... so why is *anybody* surprised at the consequences? what am i missing? this is blindingly obvious to me (to the point where i'm actively doing something about it in the tech sector- see http://crowdsupply.com/eoma68) so why is everyone else simply complaining about the consequences instead of taking action to do something about it? what is it that i don't understand?
Does whoever wrote the summary know that Elizabeth Warren's day job is as a sitting United States Senator? Apparently not.
"...Apple, Amazon and Google Are Trying To 'Lock Out' Competition"
Oh my gawd, say it isn't so.
Seriously, no shit, of COURSE they're trying to lock out competition. In the "Quest For More Dollars" game they'd send death squads around to the other company's Boards Of Directors if they thought they could get away with it. It's all about the benjamins, and killing off the competition (or stifling them) by whatever means necessary is Job One.
This is "news" in the same way that "water is wet" or "criminals commit crimes" is "news".
Just cruising through this digital world at 33 1/3 rpm...
Big tech execs are in big heap trouble...until they share wampum with Democrats.
Google and Apple are big supporters of liberal causes. Someone better get Warren back on the reservation.
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And also by the University of Texas Law School and the University of Pennsylvania Law School, proving that everybody's an idiot but not you, no sir, you can see right through their "consensus reality". Your mama didn't raise no fools, by-golly.
You are welcome on my lawn.
Maybe I'd take what Senators say more seriously if D.C. didn't have a history of bailing out big monopolies that lock out smaller competitors like the big three. It just comes off as disingenuous to me, as there is some ulterior motive at play.
The cynic in me wonders if these tech companies aren't greasing the palms of the right people on the east coast.
the millionaire speaks for the common man. Look at that Chocktaw jawline!
This fallacy rich quote proves that.
What fallacy exactly? Businesses — or individuals — don't exist separately from society and government. We're all in this together as a country for the last 240 years.
So a few weeks ago we hear stories all over ./ about Hillary (you shouldn't be able to buy a gun if you're being investigated by the FBI but running for the most powerful position on the planet is fine) getting really friendly with the big tech companies, in fact, if you look at who runs these companies and where they donate to you find they're already in bed with each other. http://www.businessinsider.com...
Now rides in the Native American (very white) knight to the rescue blasting the unfair competition, which can of course only by fixed with more government interference and of course control (because it's working so well with our health care system).
So should we expect Warren (who by the way made her millions throwing poor people out of their homes) to rail against the huge Wall Street banks next? I mean how many millions did Clinton receive from them? http://www.cnn.com/2016/02/05/...
Can we expect Warren to rail against Clinton? Nope, not at all, because that doesn't provide the means to consolidate more power under her control.