Google, Facebook, Amazon And The Future Of Antitrust Laws 

that's why they don't mention media monopolies, lol.

Because they're bunch of idiot that want to destroy the US economy and future. It's like they want to give rise to other countries tech companies like China huawei, tencent and alibaba by breaking up big USA tech companies.

Comcast is definitely a monopoly.

Not duopoly Comcast and Verizon have what's known as an oligopoly. They work together to collectively raise, illegally screwing over the consumers, with billing fraud.

@@KyleTheLEGOMaster this is called cartel, but with a monopoly scale companies. Just like the few countries have oil cartel called OPEC en.wikipedia.org/wiki/OPEC and they choose oil price that we use in our cars.

They said telecommunications which includes cable firms. But yeah, totally hypocritical video.

How about Luxotica. Italian company which manufactures sunglasses and frames for eye glasses. They own Pearle Vision, Lens Crafters, Ray Ban and Sunglass Hut. They can now charge what they want due to no competition. America is doomed.

I agree, telecommunications is captured by monopolies worldwide.

Exactly!

innovation is needed

The JokerKing they literally did mention the telecommunication industry. The reason why they didn’t, they would have to mention Comcast which owns CNBC.

And AT&T. I guess they didn't learn their lesson the first time

Imagine being so powerful that even mentioning it's name is dangerous

Ever Heard of paramount studios

The JokerKing What about Florida Power and Lights (FP&L), Xfinity, and Wal-Mart?

lol. an underrated comment.

I do for free voucher

Yeah but you can make RU-vid, Google, Waymo separate companies. You can also make Facebook, Instagram, Whatsapp, etc separate companies. Also force Amazon to break up its business units and act as a fair marketplace and divest from AWS.

But why? It's not hurting you that Google owns RU-vid, etc.

@@ChrisGilliamOffGrid Look Up "Scott Galloway Break up big tech" the first two videos, watch them. L3 is his own.

Amazon makes most of their money through AWS so I would say they are a tech company first and foremost

Hotel? Trivago

they're an ONLINE EVERYTHING corporation. that's what Bezos long-term plan's always been. which is how we get Amazon Prime Video. and all that direct-to-video nonsense sandwiched between one or two decent flicks....... 🙄

They're a tech company but they do seem to want every piece of every market in every industry everywhere.

@@mitchclark1532 no. they just want their fingers into EVERYTHING using the internet.

@Sam Butler That's nonsense. Right now, many markets have a single non-cellular ISP. That allows the providers to dictate not only prices, but restrictive terms of use, like data caps. Multiple ISPs per market would force them to compete against each other, lowering prices and improving terms of service.

Xfinity needs to on here

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Subscribed to them long ago. They are quite good!

Check out Rising on The Hill's RU-vid channel.

I don't mind that old fashioned TV stations do well on RU-vid. They're bringing decades of skill to the format people want. I for one welcome our TV monopoly overlords. Mostly because i can just unsub if they stop doing the content i want.

@@Mrchair-bk5ns They're alright, except when it comes to their political commentary

@@jmonsted That's a good attitude

santiago carreño - bwahahaha

More like MindGeek which owns sites like Pornhub, RedTube, and YouPorn, as well as adult film production companies like Brazzers, Digital Playground, Men.com, WhyNotBi.com, Reality Kings, Sean Cody, and much, much more.

This but unironically.

Lmao they own NBC tho

I agree. "Hey, we have a deal. 59 bucks for 140 channels." Cool, when do i sign up? 12 months later, "Oh, we so sorry, we now have to charge you 137 bucks. Your loss." Wow, that seems so fair, a 110% increase after the first year that they don't tell you about when you sign up.

@Montag theMagnificent wouldnt make any difference even if there is 5 parties, every party will end up being bought out by big businesses, special interests, lobbies, Jews etc Anyway, 2 party system satisfy bare minimum for calling it a democracy, make sheep think there is choice and their votes can make a difference LMAO😂😂😂

Federal judges are as crooked as politicians. Americans already had enuff

The dems and republicans are owned by corporations

Those aren't organizations, they are a vague range of ideas. You can become either without interacting with any exterior establishment or person. It's sort of like saying Christianity and Islam are an organization. The two are so expansive that you can have almost entirely different ideals to another who falls in that same group.

Reference understood. 🤣

Nah. MickeyDs

Jex Fre 😂😂😂

..but I still don't know how to use the three sea shells..

“Welcome to Carl’s Jr. Would you like to try our EXTRA BIG *ss TACO? Now with more MOLECULES!”

so what you saying is, you don't enjoy using a free product from google, facebook, Instagram, etc and you don't like amazon low price, and want them to raise the price as much as possible? sorry but the founder of the company that gets acquired is very happy, they get a big payday by selling their company and i don't think monopolies is bad, even the giant of the industry like Nokia and blockbuster can be destroyed too, also today all big company get more competition from single-person create a business from his garage than ever

I wouldn't be surprised that WhatsApp and Instagram will be spun off into a separate company.

@@jensenraylight8011. First of all, none of those products are free. You give something in exchange for them. And although I do love the low prices from amazon, I do not love the methods used to receive those prices. Amazon takes advantages of its workers and pay zero dollars in taxes while most of their employees are in food stamps. It is absurd as well for you to think that I want them to raise the price as much as possible. All I want is a living wage for those who need it the most. Also, whether the founder is happy or not is not relevant to whether this is a better outcome for the costumer or not. You have to realize that these companies are not here for our best interests. They soon or later control of all the money and lobby the government to work for them. The government needs to break them up because it need to look out for the majority of the population and not just the 1 percent.

I see a trend going, the "golden years" that are the 50s and 60s, those same decades that get republicans so starry eyed are those of high taxes and strong antitrust laws, yet they love them just because: 1º they where young and allowed to be racist and arseholes to other minorities without consequence "freedom of speech" they call it and 2º even if they didn't go to college, or even finish high school they had the best job opportunities in history. Of course those jobs had...wait for it...really strong unions that made possible high wages!! They don't care about the economic trends in those years. I mean they love them because it benefited them but nothing else, all they care now is to get the feel of total superiority back. Here is a clue, they don't want that superiority by paying more taxes or having strong unions or antitrust laws... Yes, most of them, including the president just want to be assholes again without any consequences at all to be honest it would be really hard now to obtain that level of superiority again and that's why, looking back its a dangerous game, back then Europe and Japan had ben blown to smithereens and China was one of the poorest countries in the world. even if Trump had absolute power to do what he wanted he couldn't regain that superiority by other means that aren't subjugating all the other countries with a war. I mean, that's what happened in the first place, that's why the US had so much power!!

@@jensenraylight8011. Eventually we would all become slaves, and have no other choice but to work for them since they will control the land, crops, and everything essential. #Bernie Sanders 2020

They just finished airing a very similar short series this week on History channel, called the food that built America, on Wednesday night. It was 3 two hour shows. It was really much more interesting and educational than I would have expected. I recommend checking that out, as well.

Very engaging documentary. I only wish it would be more detailed but hey, American television am I right

I loved it , Carnegie and Rockerfeller feud the emergence of Morgan and how they bought the election to keep their monopolies had to delete the whole for Game of Thrones season 8 and I regret it heavily

noelj317 The jp morgan documentary is my favorite

@Brandon Martin Yes, because there is no such thing as "bad" in comparison to whatever your ideal is, right? There's a lot more to suffering than a historical perspective, and you referencing that historical period while disparaging the troubles of others does nothing constructive to actually change the world we live in.

Baidu and Lumia and taobao compete ig in a way

As long as a company hasn't committed anti competitive practices and aren't stifling competition. They should be big as they please.

@@sucram1015 but the problem is that to get that big they NEED to employ anti consumer tactics and such. Big companies need to be broken up. Amazon, Apple, Facebook, Google, all of them.

We have such laws but judges and both party politicians are crooked and on gravy train.

@@sucram1015 So you agree. Because those companies did that.

mac berry what are you talking about, they are the biggest employers in California. I literally live here

@@skeleskele Are you saying they have the most employees compared to other silicon valley companies and I didn't single out Google

mac berry who said google? What? Tech companies are the top employers in California

@@skeleskelethe silicon valley tech industry is a wealthy industry but they employ fewer people than other industries that make material goods. It's time for silicon valley to grow up and be responsible for the power they hold

@@macberry4048 so your saying a company that is successfully being run by the current employees is not acceptable they should hire more even do they don't need more people?

Diadlo Star Wars too

So what's your point?

And giant transforming robots.

... And your point is?

Disney is a monopoly in entertainment

👍

Not a problem for them at all. Making out like global bandits.

Then get rid of the Jones act

Antitrust: Not if I end yours first. To quote one of your own movies "I know my place! It's time you learned yours." You are nothing but an animation studio with some theme parks and it's time you make your decisions based on what Walt would do.

@Quinn Crook NO. HE. WAS. NOT. That is a myth and an urban legend that has been debunked numerous times. Do not ever spread lies. I plan on seizing Disney myself in a hostile takeover and will make it great again by being the Trump it needs. Under my rule, "what would Walt do?" will once again be the law of the land like it was for years after his death.

This! The meat packing industry has similar problems I believe, though it is starting to "harm the consumer" as prices are now beginning to increase.

Came to say this! I've been quite happy with CNBC youtube, compared to TV.

Is this information still even shocking anymore ? So many people have repeated it multiple times

@Programming is Cool So I suppose you don't have email?

Yeah, it sucks. I think Apple is the only one that doesn’t sell your information from Siri, pictures you take, or using Apple maps etc. But I could be wrong

Enyaw ^^^^ underrated comment

Enyaw it’s basically deflection at this point

if there are many banks they will not have money left to lend you. This is a mathematical principle.

@YouNeed2FearMe illusion of choice. Try peeling back a few of those bank and you'll quickly learn its own by the same banking group.

Wow. Can you explain why that happened?

Defeated without a fight, they love brainwashed men.

f off spy

Write your leech representatives in Washington and FCC. Be a nuisance at least.

Pretty sure the we wouldnt go through the trouble of breaking these companies up just to let them merge again.

Yeah becuase that never happens. Foreign investment in US interests has never happened. In fact, that's how we've kept china from owning like 50% of US real estate. Oh wait we didn't? Well that must be capitalism. What could we do?

@@ksc1406 I've seen it happen with other companies. Government plans always get mucked up.

No foreign company will be allowed to buy them when they get broken up. Those companies are under embargo and not allowed to do business in the US.

Peppa Pig The Killer don’t worry peppa, you’ll understand when you grow up. Tell george I say hi

H conteh I already killed him.

Maybe you are dumb? lol

3 industrie that i know that are desperately in need of more Anti-Trust laws are Media, Entertainment and telecommunications like Comcast needs to be broken apart and so does Disney

Yes it should. If breaking up a company for being too big and anticompetitive practices is "punishing success" then yes success must and will be punished. Amazon will be broken up and it can go away forever. Nobody will miss it.

@2:00 AM👈 Bezo's pet

@2:00 AM Do you really think "hard work" got Amazon where it is today? Because if you do, boy do I have a revelation.

yes that way Amazon Prime video and Amazon studios could be consolidated and rebranded under Metro Goldwyn Mayer and MGM will finally return to Major movie studio status

There is no such thing as a free service, when someone offers you a free service, your information is the product that they sell.

@@oceannavagator What negative effect does this have on me though? I am not being manipulated and I prefer cheap / free services. I agree with the conservative viewpoint that monopolies can be efficient and better for consumer as long as they don't Jack up their prices. Silicon valley is very good with this, the ISP companies are terrible and need to be disrupted.

, so I'm guessing you would not mind your landlord giving you cheap/free rent in exchange for videotaping everything you do at home so he can sell it for the highest bidder.

If a product is free, you're the product.

@@vinny7114 Good thing I have the choice to deny that to my landlord.

USA has that, called federal judges but they are all crooks on the gravy train.

Monopolies

​@Invesigator 2 Yes. So google owns youtube, and have a monopoly over the video industry.

The convenience argument was used as a scare tactic by AT&T during the antitrust case that if they were broken up then the telephone industry would collapse and the public would panic, it didn't work out that way though when they were busted up.

there needs to be more new Anti-Trust laws specializing in attacking individual industries

This is a great idea. Maybe like the consumer protection bureau. This should be extended to other agencies as well.

EXTREMELY

In the case of apples ecosystem, you still are paying outrageous prices for a product not really worth it, you get 999 dollar stands, and outrageous anti consumer practices. Take a look at repairing the iPhone 13.

Exactly lol

Which can be easily be bought out and merged. Do you understand what is illusion of free choice ?

My thoughts exactly! Also, if having a monopoly is such a bad thing, how come there's only one monopoly and mergers commission? Lol?

👍 Thank you for sharing the link.

I agree that it is a myth that capitalism is all about competition. In fact, competition is the opposite of outsized business profits. Smaller entrepreneurs have to compete because they have no other choice. However, once their company grows, most have an understandable desire to stay at the top, and the easiest way not to become the next victim of profit diminishing competition is to put up barriers to entry for the next guy: Barriers to Entry (definition) en.wikipedia.org/wiki/Barriers_to_entry To be fair: capitalism is the worst economic system, except for all the others. - (My take on Winston Churchill’s famous quote: "Democracy is the worst form of government, except for all the others.")

Preoximerias Because that's what the Democrats want you to think, and everyone in the legacy media is a Democrat. In reality, they hate him because he defeated communism. And because he was the most popular and successful president of the last 60 years.

n e o l i b e r a l i s m