Comment by dathinab

6 months ago

not just Spotify pretty much any (most?) current tech giant was build by

- riding a wave of change

- not caring too much about legal constraints (or like they would say now "distrupting" the market, which very very often means doing illigal shit which beings them far more money then any penalties they will ever face from it)

- or caring about ethics too much

- and for recent years (starting with Amazone) a lot of technically illegal financing (technically undercutting competitors prices long term based on money from else where (e.g. investors) is unfair competitive advantage (theoretically) clearly not allowed by anti monopoly laws. And before you often still had other monopoly issues (e.g. see wintel)

So yes not systematic not complying with law to get unfair competitive advantage knowing that many of the laws are on the larger picture toothless when applied to huge companies is bread and butter work of US tech giants

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dathinab

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benced  6 months ago

As you point out, they mostly did this before they were large companies (where the public choice questions are less problematic). Seems like the breaking of these laws was good for everybody.

  • dathinab  6 months ago

    they where already big when they systematically broke this laws

    breaking this laws is what lifted them from big, to supper marked dominant to a point where they have monopoly like power

    that is _never_ good for everyone, or even good for the majority long term

    what is good for everyone (but a few rich people and sometimes the US government) is proper fair competition. It drives down prices and allows people to vote with their money, a it is a corner stone of the American dream it pushes innovation and makes sure a country isn't left behind. Monopoly like companies on the other hand tend to have exactly the other effect, higher prices (long term), corruption, stagnating innovation, and a completely shattered American sound pretty bad for the majority of Americans.