I find her ideas (that Amazon is anti-competitive by being big) interesting, but I find her reasoning unconvincing. Her point is that breaking up large companies, merely because they are big, into smaller companies would improve the economy. She says:
"the economics of platform markets create incentives for a company to pursue growth over profits, a strategy that investors have rewarded. "
She is upset because companies pursue growth over profits. I'm not sure I see this as a bad thing. Even if it were a bad thing, it's not something that only large companies pursue, it is probably more common among small companies.
Standard oil grew by leveraging their monopoly, lowering prices where there was competition and raising prices where there wasn't to cover the loses. IIRC, they also made deals with the railroads for preferential treatment. Ma Bell leveraged their patents, first in phone tech and then in vacuum tube technology, as well as refusing to inter-operate to grow their monopoly. It's a good example of one problem with patents, sometimes it is just time for a technology to happen and whoever shows up at the patent of
WARNING TO ALL PERSONNEL:
Firings will continue until morale improves.
Her paper (Score:3, Insightful)
I find her ideas (that Amazon is anti-competitive by being big) interesting, but I find her reasoning unconvincing. Her point is that breaking up large companies, merely because they are big, into smaller companies would improve the economy. She says:
"the economics of platform markets create incentives for a company to pursue growth over profits, a strategy that investors have rewarded. "
She is upset because companies pursue growth over profits. I'm not sure I see this as a bad thing. Even if it were a bad thing, it's not something that only large companies pursue, it is probably more common among small companies.
Her second argument addresses A
Re:Her paper (Score:2)
Re: (Score:2)
Standard oil grew by leveraging their monopoly, lowering prices where there was competition and raising prices where there wasn't to cover the loses. IIRC, they also made deals with the railroads for preferential treatment.
Ma Bell leveraged their patents, first in phone tech and then in vacuum tube technology, as well as refusing to inter-operate to grow their monopoly. It's a good example of one problem with patents, sometimes it is just time for a technology to happen and whoever shows up at the patent of