Recent meetings between Trump and Elon:
Trump and Jeff Yass (Major investor in TicTok):
Rumble CEO offers to buy TicTok as part of a Consortium:
Thoughts?
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It is my experience ... When competition is eliminated society descends into mediocrity. Creativity and innovation is stifled. Competition separates the industrious folk from the dull lazy folk. As a young man traveling cross country, it was exciting to listen to radio stations in different parts of the US. The playlists were different from town to town. When a song did make it across the nation it was likely a payola song. When radio became consolidated, We were bombarded with ugly crappy music. Monopolies serve the 1% and leave the rest scrambling for crumbs.
Yes, but in uncharted territory - free speech platforms - it becomes a first to market situation. Fast mover advantage. I get your point of view, but I'm an entrepreneur and I'm about 1+1+1= 10. I think that's what were looking at.
Monopolies wreck entrepreneurs. Monopolies are about central control of resources limiting introduction of new products and ideas. Not good for entrepreneurs. Media Monopolies restrict freedom of expression and opportunity. Media should not be run by a handful of companies. I am not a big fan of
Even if all those entities merged, it would be nowhere near a monopoly when compared to Meta and Google.
Otherwise, I agree.
Mergers limit options for consumers and are subject to price fixing schemes. Mergers place limits on who can and can't participate in their controlled market. I don't use Google or meta products except youtube. There are alternatives to all their services. Google ruined face youtube. Evil always seeks to hinder growth rather than improve their products.