
I wonder who's going to buy these services? Who can be trusted with them?
The US Justice Department and eight states sued Alphabet's Google subsidiary on Tuesday claiming the web giant has unfairly monopolized the buying and selling of digital advertising. The complaint [PDF], filed in a Virginia federal court, calls for breaking up Google, the kind of remedy sought in 1974 and won in 1982 when the …
Torn on this. On the one hand, they have a strong position in advertising. On the other hand, facebook, twitter (before musk scared off advertisers), etc. get along fine doing their own ads. Part of the anti-trust act involves companies acting anti-competitively (I.e. Microsoft using their position to gain a monopoly on office software, trying to gain a monopoly on browsers but IE was too crappy, etc., buying all their competitors so you have 4 or 5 lines of Microsoft Dynamics instead of Microsoft and 4 competitors.) Not sure Google is doing this.
It's not about the other advertisers which have essentially the same structure, but the customers who have effectively no choice of provider for whichever network they choose. Even if big tech hasn't explicit agreed on this kind of market carve up (definition of a cartel), the effects for customers are the same.
Vertically integrated companies are almost always anti-competitive: they integrate precisely to provide customers with less choice.
twitter (before musk scared off advertisers),
The largest portion of those advertisers left before musk bought twitter, citing the platform's apparent inability to clamp down on child pornography as their reason. A lot of them subsequently returned after the musky one banned the largest CSAM-associated tags and a whole crapload of child groomer/CSAM consumer accounts.
Cheeky. Maybe the government should respond to this cry for help from a desperately struggling company though. Pass a Google Rescue Act to acquire 55% of shares in the company for the nominal sum of $1 and in return promise that operations continue as normal for the next ten years, keeping all the main core services running, and taking 55% of all profits generated by them for the duration.