- cross-posted to:
- technology@lemmy.ml
- cross-posted to:
- technology@lemmy.ml
Another great article from 404 Media highlighting the power that the tech giants have amassed over how how we use the internet.
This brings me, I think, to the elephant in the room, which is the fact that Google has its hands on quite literally every aspect of this entire saga as a vertically integrated adtech giant.
This extreme power over the adtech and online advertising ecosystem is one of the subjects of an FTC antitrust suit against Google.
Yes it is. Why do you think they force you to pay for YT Music when all you want is an ad free experience? I tell you why: people will come to the realization that it is stupid to pay for two music streaming services at the same time, so they will cancel their Spotify subscription. This will make it extremely hard for other services to stay competitive. It’s no longer enough that their app is perhaps slightly better, or that they have the better algorithm, no one will be willing to pay the extra 11 € per month for just that. So eventually, these competing music streaming services will die (maybe with the exception of Apple Music and Amazon Music). Once YouTube has the monopoly on the music streaming market, they can raise the prices again. They are using one monopoly to build a second one. And a third one. And so on, until everything is owned by Google, Amazon, Meta, Apple, or Microsoft and no one is able to compete with anything anymore. And the worst part is, that Google doesn’t even deserve any of YouTube’s success. YouTube’s success comes from its creators. All that Google ever did is to provide some servers and some bandwith, which arguably is expensive, but it’s not really an achievement. They didn’t even invent YouTube, they just bought it, made it big, and now abuse it to conquer more and more markets.