this post was submitted on 28 Sep 2024
207 points (96.8% liked)
Asklemmy
43942 readers
589 users here now
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'd think since companies get big enough they can just buy the promising competition before it becomes a problem, I'd say it's a worthwhile cost to them
Yeah, lack of competition is driving a lot of this. Fixing bugs doesn’t increase their stock value. It doesn’t make the line go up.
Launching products and bragging about profits makes the line go up (especially just before a quarter or monthly report is due).
AT&T/Bell Telephone was like this for years until they were finally broken up (nominally). When cellphones came out and provided nationwide competition, long distance suddenly became free.
We need to bust up google, Facebook, etc. They have nothing to push them to be better, just CEO egos and investors to please.
Facebook as a product is over. It's like 90% ads. I almost never see my friends posts anymore.
Its marketplace has been really popular in my area. Craigslist has all but dried up for may item types.
But they own Instagram as well don’t forget, and they have bought out many other competitors that we won’t ever get to experience.