I saw a lot of progressives turning into free market libertarians as soon as social media started censoring right wing opinions. Suddenly all I could see was “They’re a private company, they can do what they want!”
It reaffirmed my belief that a healthy portion of either side doesn’t actually have any principles. They just care that their side is winning and the other is losing.
I’m a moderate that a lot of people confuse for a conservative, and I say nail big business to a wall. I think the Microsoft-Activision deal should be declined just on the nature of the size of each business, not because it meets some arbitrary standard of anti-competitive behavior. Businesses as big as Microsoft do not need even bigger market coverage through owning more production houses. The whole point of the anticompetitive corrections is to avoid these giant conglomerates that have their hands in everything.
Microsoft already owns video game production houses. They produce one of the most popular home consoles in the world. They own a lot of the ecosystem that most people use on a daily basis on their pcs, namely Windows OS, Outlook, Word, Excel, PowerPoint, and more.
Why does one company need to have a bigger market share than this?
I saw a lot of progressives turning into free market libertarians as soon as social media started censoring right wing opinions. Suddenly all I could see was “They’re a private company, they can do what they want!”
Couldn’t have said it better myself. The internet has essentially been in a wild west era since it was created, as the government has pretty much no laws or court decisions saying what information social companies can and can’t regulate. On top of that we’re in an era where the SEC happily rubber stamps every corporate merger under the sun. Now we’re seeing the consequences of that as a majority of information on the internet is controlled by a handful of companies. And on top of that, even if you want to make your “alternative” platform, that’s incredibly hard to do since services like web hosting and payment processing are also controlled by a handful of corporations.
Most major corporations have no business acquiring any other companies, and on top of that they need to be broken up. Just thinking of a few, Amazon owning Amazon shopping, AWS, Twitch, Ring, IMDb, and a fucking satellite internet company is ridiculous. The finance, energy, defense/aerospace, pharmaceutical/healthcare, and so many other industries are all guilty of this. Libertarians couldn’t be more right about one thing, competition benefits consumers, but for some reason the only thing US republicans and democrats can agree on is that we should never enforce anti-trust laws. And internet leftists, the people who you’d figure would be all for corporations being broken up, are silent on the issue. It’s infuriating to watch.