logoalt Hacker News

watwutyesterday at 7:51 PM2 repliesview on HN

US system seems to facilitate quick creation of monopolies and then keeps them in power long term. There is quick competition, winner takes it all and then it is it forever.


Replies

robocatyesterday at 10:34 PM

Monopoly creation is a systemic outcome (e.g. network effects), and likely has little to do with the US specifically. The exception is IP laws like patents that grant monopolies (plus the international politics of trade that push those powers into other jurisdictions e.g. TPPA).

Also monopoly breakup is more affected by jurisdiction.

hyhatqtvyesterday at 8:10 PM

There are plenty of similar “monopolies” in the EU they just value safely exploiting consumers more than rapid growth.

Regardless US tech monopolies are almost as dominant in the EU as in they are in the US”. At least local companies wouldn’t syphon money to a different continent and could be regulated

show 1 reply