The FTC in the US and the CCI in India are diving headfirst into a rampage against scale, growth, and competition.
1/ Google Chrome: It’s arguably the best general-use browser, built and scaled by Google - a company that invested in R&D, UX, and relentless innovation to get there. Now, because they succeeded, they may have to sell it off? Why? Because the product worked too well? 2/ Amazon: The retail giant is being sued for offering private-label brands that provide customers with cheaper alternatives. Isn’t that competition working as it should? Offering better prices and more choices is now an offense? 3/ Microsoft: Facing its own lawsuits, it’s another case of punishing a company that’s been innovating for decades and dominating markets because it’s earned trust and loyalty from users.
This side of the world, CCI is examining Blinkit, Swiggy, & Zepto for alleged predatory pricing. These companies have revolutionized consumer convenience, yet face challenges that could hinder their growth.
Capitalism thrives on competition. If Google, Amazon, and Microsoft are outpacing everyone else, the answer shouldn’t be regulatory penalties but better competitors. Why is building a successful product being treated like a crime?
Eager to hear thoughts here – Is this a fair way to create equal opportunities, or is it just a hidden penalty for being successful? How can regulators and businesses work together to put consumers first without holding back innovation?
Crazy tbh
Feels like "Atlas Shrugged" coming to life. When someone or something tends close to shifting a paradigm, the general population try to subdue and neutralize it. Alot of people in powerful positions get there and stay there by methods that rely mainly on maintaining status-quo and hence such disruptions could cause a huge blot on there overall scheme.
Everyone wants Google's distribution, but no one wants to pay for it.
Everyone wants Google to stop doing what it's doing, but no one wants to invest in an alternative.
Alternatives, if any coming up, from India will be of cheap qualit...
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Saw a college chick that was a big proponent of "smashing capitalism" and installing a marxist/communist system. It got me thinking why do people hate capitalism? First thing that's interesting is that people don't know what capitalism i...
Was reading a thread where people were saying don't be in shock if Ambani/Reliance starts making move after RBI's action on Paytm. I initially thought it to be a meme. Now I am just curious.
Is the system really fair to allow such move...
