Linked by Thom Holwerda on Thu 23rd May 2013 22:04 UTC
Legal "Google is facing a new antitrust probe by the U.S. Federal Trade Commission into whether the company is using its leadership in the online display-advertising market to illegally curb competition, people familiar with the matter said." Sucks to be Google today, apparently.
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Bill Shooter of Bul
Member since:
2006-07-14

Yeah, remember how great it was to have a single telephone company, that wouldn't allow you to purchase your own phone? And how you couldn't hook up anything to a phone line that they didn't rent to you, so you had those awesome acoustic phone couplers?

Reply Parent Score: 4

darknexus Member since:
2008-07-15

I also know what could have happened if the government hadn't barged in. We'd have had others making better products. No patents would mean they couldn't be stopped from doing so, and no anti-trust works both ways. Would it have happened as quickly? Probably not. On the other hand, if it had been done this way, we may not be stuck with the antequated telephone network we now have (8 khz, limited numbers). Make no mistake, the market will always balance itself in time. When enough people get dissatisfied, enough of them will band together to make something they see as better. Whether it takes off depends on the perception of others of course, but if there are significant advantages there will always be competition. Too many people want government quick fixes, but quick fixes always unravel. There are no quick fixes in life, and we'll be better off once we all understand this. The solution is not to complain that one company's not being fair, but rather to band together and do better.

Reply Parent Score: 0

Bill Shooter of Bul Member since:
2006-07-14

Breaking up AT&T was a quick fix. And it was awesome. When competition was allowed back in, prices dropped, innovation came back to life.

Government isn't always the best answer to every solution, but sometimes it is.

Reply Parent Score: 3