I've increasingly become of the opinion that we need actual regulation for any SV app/co that calls itself a platform.
Nearly everyone acknowledges that a platform by definition needs to be either the only co in its industry or part of a duopoly but generally with a 50%+ market share. The gov should acknowledge the benefits of having such platforms but should also recognize the pitfalls and regulate akin to common carrier.
Google wants to be the only search engine, fine. everyone benefits when search is consolidated, but it needs to be regulated like a monopoly even if there are 1000 other smaller competitors because it still has a controlling share of the market.
I hate regulation as I'm describing it here, but I cannot see another way out.... if trump doesn't pass something like the S-ATA in the next 2 (- 6?) years the next prez almost def will, we're really hitting that tipping point.
Nearly everyone acknowledges that a platform by definition needs to be either the only co in its industry or part of a duopoly but generally with a 50%+ market share. The gov should acknowledge the benefits of having such platforms but should also recognize the pitfalls and regulate akin to common carrier.
Google wants to be the only search engine, fine. everyone benefits when search is consolidated, but it needs to be regulated like a monopoly even if there are 1000 other smaller competitors because it still has a controlling share of the market.
I hate regulation as I'm describing it here, but I cannot see another way out.... if trump doesn't pass something like the S-ATA in the next 2 (- 6?) years the next prez almost def will, we're really hitting that tipping point.