Comment by rvense

6 days ago

Monopoly is probably not the right word. "Trust" (as in "anti-trust") is maybe better, but I'm not sure the last gilded age really had a perfect analogy to what's been happening in the tech services sector.

The problem is these sprawling companies who make so many interrelated services and can suppress competition in one area (browsers, e-mail, video-over-the-internet) due to extreme profits in another area (ads).