
Dollar Auction Show
Episode 8 - Does government regulation pose a threat to the profitability of tech companies?
The internet was a key development that could have not existed if the US government had regulated companies in a way that would prevent them from attaining network effects. But now many fear that tech monopolies are hurting consumers by preventing competition, so is now the time to start regulating them?
In this episode we discuss the new lawsuits against facebook, as well as taking a deeper dive into monopolies, the rule of government in regulating them, international vs national competition.
Key time stamps:
21m 52s - What can the government do about tech monopolies
33m 44s - Government vendetta against facebook
34m 44s - Amazon as a case study
40m 50s - Large monopolies like keeping the small competitors around
43m 25s - If you were a dictator, what would you do
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