Technology

59377 readers

4087 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

457

DJI drone ban passes in U.S. House — 'Countering CCP Drones Act' would ban all DJI sales in U.S. if passed in Senate (www.tomshardware.com)

submitted 5 months ago by Wilshire@lemmy.world to c/technology@lemmy.world

198 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] FiniteBanjo@lemmy.today 0 points 5 months ago (1 children)

Show me one example of shutting down a company who held a monopoly? Generally they just get broken up into smaller companies which directly increases competition but that is in no way analogous to our current situation.

We know that in every single example so far that Monopoly and Competition inversely correlate by definitions.

[–] dan@upvote.au 0 points 5 months ago (1 children)

We know that in every single example so far that Monopoly and Competition inversely correlate by definitions

A direct (not inverse) correlation between them happens all the time in tech. Smaller companies get sick of the market leader or monopoly for some reason, produce a better product, and people switch over.

For example, Internet Explorer had a web browser monopoly. Around 98% of web users used it. It lost that monopoly not because it was shut down, but because other, better browsers were released and people organically switched over. Increasing the competition reduced its monopoly.

The same could be said about Teamspeak users moving to Discord. Teamspeak had a monopoly on real-time gamer chat, but people moved to Discord because it was better.

[–] FiniteBanjo@lemmy.today 0 points 5 months ago (1 children)

So you're saying it stopped being a monopoly when competition was created, and you somehow construe that as "monopoly equals competition" ??

[–] dan@upvote.au 0 points 5 months ago

it stopped being a monopoly when competition was created,

Yes

construe that as "monopoly equals competition"

My original comment was saying that getting rid of a monopoly doesn't necessarily increase competition. That's still what I'm saying. Decreasing the number of competitors never increases competition.