📑 How Google and Amazon Got So Big Without Being Regulated | Wired

Annotated How Google and Amazon Got So Big Without Being Regulated by Tim Wu (WIRED)
If there is a sector more ripe for the reinvigoration of antitrust regulation, I do not know it.  

📑 How Google and Amazon Got So Big Without Being Regulated | Wired

Annotated How Google and Amazon Got So Big Without Being Regulated by Tim Wu (WIRED)
But now it was all for the best: a law of nature, a chance for the monopolists to do good for the universe. The cheerer-in-chief for the monopoly form is Peter Thiel, author of Competition Is for Losers. Labeling the competitive economy a “relic of history” and a “trap,” he proclaimed that “only one thing can allow a business to transcend the daily brute struggle for survival: monopoly profits.”  

Sounds like a guy who is winning all of the spoils.

📑 How Google and Amazon Got So Big Without Being Regulated | Wired

Annotated How Google and Amazon Got So Big Without Being Regulated by Tim Wu (WIRED)
In total, Facebook managed to string together 67 unchallenged acquisitions, which seems impressive, unless you consider that Amazon undertook 91 and Google got away with 214 (a few of which were conditioned). In this way, the tech industry became essentially composed of just a few giant trusts: Google for search and related industries, Facebook for social media, Amazon for online commerce. While competitors remained in the wings, their positions became marginalized with every passing day.  

👓 There is no single solution to making the internet more decentralised – The art of the possible | The Economist

Read There is no single solution to making the internet more decentralised (The Economist)
Stopping the internet from getting too concentrated will be a slog, but the alternative would be worse

This has generally been an interesting series of articles in The Economist.

As John Sherman, the senator who gave his name to America’s original antitrust law in 1890, put it at a time when the robber barons ruled much of America’s economy: “If we will not endure a king as a political power, we should not endure a king over the production, transportation and sale of any of the necessaries of life.”