What Facebook, Google and Others Can Learn From Microsoft’s Antitrust Case | WSJ
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- čas přidán 16. 06. 2024
- The Department of Justice is investigating the U.S.'s largest tech firms for allegedly monopolistic behavior. Roughly 20 years ago, a similar case threatened to destabilize Microsoft. WSJ explains.
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Yeah.. Bill Gates is soft-spoken, humble and polite now.. But back in his day, he was ruthless like a warlord.. You don't get to the very top by being "nice". Nice is for you and me.
If you look up the word "nice" and it's origin, it actually means "stupid".
Thanks man, have a lovely day
Bill to Jobs: "Look, we all steal (from Xerox)"
"I dont want a nice person. I want a killer."
That interview was chopped up and out of context to make him look as bad as possible. He was also grilled for hours. You can make someone look like a saint or the devil with the edit.
Isn’t Apple doing this to Spotify right now?
why?
They have a case filed with the European commission last I heard. In the preliminary stages of discussion. Apple was stifling Spotify by charging a 30 percent tax on the subscription fee which could only be paid by apples payment gateway. This meant Spotify got a lesser margin of profit and would have to hike it's subscription fees to the consumers. They have a great website dedicated to this. You must check it out.
@Sahil Mehta Problem is not taking 30 percent cut but the fact that they doesn't allow apps to put information about this fact and also they don't allow devs to put any website in their app which may bypass their payment service.
Google let devs put website in their app as well as let user/developers choose the payment service.
Apple is a the scum like no other.
Tech Giants: Please just fine me. I am fine with just fine.
internet Explorer is The Number One Choice...
...to download Google Chrome
😂😂😂
Now we use Edge
hahahaha.
this was only true from 2012-2014. In the late 90s and early 2000s, IE was the actual number 1 choice (just look ANY 2008 club Penguin tutorial, you're assured IE is used)
@John Doe of course it is
Leave it to WSJ saying it believes in competition at the same time it really wants monopolies.
@John Doe No that's the Washington Post. WSJ is the Murdoch family
They arent monopolies and if you break them you destroy them and repleace them with chinese competitors that wont be broken up.
Being "big" doesnt mean you are a monopoly
If you have no possibility of becoming a monopoly, there is no competition.
Oh the irony
there are no monopolies without help from government/state authority.
Windows has 88 percent market share, not 35...
Probably closer to 70 but still at least 2x this "35 percent" claim among desktop users. If you include mobile (iOS, android) then it's correct
@John Doe People still use desktops/laptops lol, but tablets are slowly taking over.
@John Doe what, desktops are number 1 for working and gaming. And windows is far better then any other software for it.
@@elizbararchvadze7619 smirks in Linux!
As of April 2019, Windows had a desktop market share of 79.24%. Windows 10 had a desktop/laptop market share of 39.22%. Guess the author got the numbers mixed up.
Wow. What an enlightmen. thanks.
Actually FB, Google, and Apple are even more anti-competitive than Microsoft was.
Lol, how?
@@gert-janroodehal7368 bit late but look up the epic games Vs apple case
i feel like the government trying to break up these companies only ends up making them more diversified to avoid anti trust cases, hence why they become more and more powerful. Thankyou government : )
Unfortunately when it comes to internet services, the only efficient biz models are the ones with a handful companies.
If we break them up, nobody's gonna break the chinese giants Alibaba and Tencent and they will start dominating.
All these tech companies are poised to either go away or become monopolies in their domains.
John Doe Microsoft bro.
We could make alot of millionaires with this tech alot of jobs
@@chrismoore9383 True
7:42 comparing a desktop based OS with mobile is so wrong
Lovely info thank you so much
I still don't understand why Microsoft was sued. What do you expect them to install on their system? It's not like you can't go out and install other options yourself.
Bit late but I think it wasn't so much that they offered internet explorer but that they made it really hard for individuals to use competing browsers to IE
Rip off story from a consistently late publisher
Bill when he was a young man was probably the most ruthless man alive.
"Fine gives them nothing be afraid about, let gives them hard compliance & competition" that one badass shot EU!
yes but EU needs money lol so thats ur answer
Big corporation or big government, pick your poise.
They already merged.
@ True
Kelly Parkinson how is this true?
How about neither?
If your livelihood depends on whether or not you rub a judge “the wrong way” then the judicial system is a joke.
I feel like we need to find a far way to stop stuff like this from happening and great video The Wall Street Journal :]
Dude Bill Gates has changed sooo much. Lots of respect for that guy.
Arrogance towards government is a virtue.
Chnaged after ruined lots of lives
hahaha
hold on to that thought he has funded 1.7 billion for creating corona virus and vaccines make sure you take it jeez and share your results after that if you alive
@@wild_taco_gonecrazycorona9112 wow I really can't believe people this ignorant still exist in 2020
" Ever since the passage of anti-trust legislation, in 1890, businessmen were in the government's potentially total power ; as a group, they offered no resistance ; instead of fighting, they paid protection money to the politicians of both parties at election time, assuming the permanent role of stealthy favor-seekers. "
-Ayn Rand-
7:40 Microsoft holds a 70% control over the pc market not 35%
I think when they say "OS" they mean all operating systems like pc and mobile ie android, iOS.
@John Doe how ?? Lol
85%
We need another Teddy Roosevelt
HAHA
Nope. That idiot will ruin the economy if he were alive today
Kushagra if would break up companies like the four they would stand no chance of being competitive against Chinese firms, but on the other side they also kinda stop innovation which is bad, so you just have to regulate and fine them, but don’t break them up (except faceboook)
@@slimestoneexpert9804 monopolies stifle innovation
A showcase for absolute injustice
CNBC Also have same video
you do know that Microsoft reversed the court's decision and now they continue to bundle IE with Windows so there won't be any major change
7:43 Why does this figure looks so ridiculous and inaccurate?
I researched the claim... it is inaccurate because Android and iOS are put in the same category of desktop-class operating systems like Windows, Mac, and Linux.
@@VintageToiletsRock There you go!
Legend never fade
In retrospective Microsoft would be bigger now when broken up...
Android has 88% market share in smartphone OS. Event though it's open source, google shouldn't provide Play Store freely bundled with chrome and other apps
Dat feel when you are still using Windows 95 and forced to use Internet Explorer :(
Nobody feels... Cz nobody uses
How exactly are people forced? Even back then you could use ie to download another browser
You make a plan
You work immensely hard
You dodge all the obstacles
Then you become successful
But govt. says competition is better, you need to step down!!!
The jealous poor also say you should pay more taxes so they don't have too. It's like you get punished for succeeding and rewarded for failing.
XerShade ok so imagine that you earn 10,000$ a year in the lowest 10% you want them to be taxed the same as the rich even though the rich can afford to be taxed
In the tech sector your whole purpose is to create a monopoly. Peter Thiel’s philosophy (cofounder of PayPal)
It's too older show his youner poster😍
my left year loved this video
Microsoft still raises up to break the amazing record...... what government did is not enough .... modern age requires the raise of issue surround the principle.....
this is not a technology world only ......
facebook, google and others have to make cheap easy to use operating systems with an inbuilt internet browser for computers and allow piracy?
"Ya'll haters whupped me in school. You can't handle my science now. I believe. I am. Thirstyenough. To buy whateveritis. I want. Todrink."
Policy makers should control Big Tech companies like Google and Facebook not using for advertisement
1:51 my bday :D
The lesson is, settle quickly and get on with life....
The City of Greensboro tells more lies under oath than anyone.
lol Congress wants blood even the Trump presidency wants it as will the next president
Q: what do the tech titans do with your data?
A: use your data to show you ads that are most relevant to you, aka, products you will most likely to buy.
Conclusion: no harm done to consumers if data is used this way. It is not that the consumers are concerned about how their data is used, rather Government is concerned because the tech titans are getting too big to be controlled by governments.
Boom!
5:29 europe is not that big. do better wall street journal
That map highlights European countries that are members of the European Union
People say that Britain will have no power over tech companies once Brexit is over, but actually all Britain has to do is to change the tax laws in the Isle of Man and its other many tax havens to be able to wield a huge amount of power over these companies
Hey, did you know, that: "The Lawyer; who: beat: MicroSoft"; Davoid Boies; [however you spell his name]: Is -dyslexic?? Maybe, the secret is: (to): "Hire a Dyslexic_Lawyer!!"!!??
just donate to both parties,,,,,
There is an argument for standards and network effects, where the strong get stronger until they only have token competition like AMD. But the companies will argue that they can easily be on the receiving end of this effect as seen with IBM and Microsoft and Yahoo and Google. It is not as simple and straight forward as the Hunt brothers cornering the silver market
windows have 77% marketshare as I last checked.
You're thinking of marketshare in terms of Desktop Operating system marketshare.
The world has moved on, Windows is in the same ballpark as MacOS, iOS, Android, Linux ect.
So yeah, 35% seems rather plausible.
@@AndiKola o I get it now
Why blame the company when the people are hype.
History repeating itself
Good to hear about USA and European Union.
But where is India w.r.t Antitrust laws and competitive laws??
And now in 2021 Gates is the largest landowner in the world.
It’s alarming to see the rise of Chrome. I used it until a year ago until I came across Brave and I’ve not turned back. Using any of Google’a product means Google is watching everything you do. It’s the worst offender in terms of breaching privacy laws. Switch to Brave. If nothing else you’ll shave off the now 7 seconds before every CZcams video!
Brave uses Chromium/Blink engine which is made by google.
@@sortof3337 You're joking!
@@TheGoodfella2012 No he isn't. Though it's an open source software, it was built by Google.
you are still being watched on youtube : )
These are not Tech companies they are "Hackers".........there should be criminal proceedings against these companies......Thanks....RGS
.....I PLAINLY HATED MSFT OVER CRUSHING NETSCAPE BY TAGGING THE BROWSER TO THE OS
let's get one thing clear from the get go: delivering a FREE browser, compared to a payed one, is NOT harming the consmer. it's NOT a bad thing.
LET US ALL DO OUR BEST TO MAKE THIS GLOBAL WORLD BASED ON LOVE LIGHT PEACE AND JUSTICE---A WONDERFUL AND PEACEFUL PLACE TO LIVE IN FOR EVERYONE WITHOUT ANY DISCRIMINATION.
Let's Go🎉
5:24 I have trust issues with WSJ's map of Europe. Scotland and Northern Ireland have a land border now?
Dude...... greed is crazy
The tech giants must be broken up. They must also be held accountable for stealing people's data.
his contempt is justified.
Amazon is huge !!!!! And scary if they turns to evil
Dauphin River First Nation Manitoba Canada 🇨🇦
are businesses too big too fail?
Ooh Bush-era logic. It failed us
I cannot get free TV and free news as required by law from television stations and the like
without paying a great deal of money to an internet supplier and some form of intermediary like Roku so I have to pay $50 a month plus installment of a hundred just to get excess and then another $10 to $20 a month for something like Roku. They are not providing news for free as required. the average person has to pay over $100 a month just to get news and we wonder why we are misinformed
LIES
Personally I don't use any of Google ad words advertisers products or services cause there's a 99.999% chance that the unfairly high cost of advertising that Google would charge that advertiser for marketing on their platform is factored into their products/service that..that advertiser/company is selling to me.and I am not prepared to pay more for a product or service than Its monetary value.
des-plaines illinois we're at the old
historic methodist campground site
this is our 160th anniversary They Have A Lawyer Team
The city has tried everything they can to shut our revival
Big Tobacco 2.0
That is only for smokers and there are fewer now than 50 years ago.
On average, Internet Explorer users have 10 to 15 points lower IQ than other browser users.
How World can move
Big up i havemuch interest in using technology
There should be detailed audit what is the source of income is it matching how rapidly the increase their networth..........it's unbelievable...."Elon Musk too...how rapidly he increase his networth...???? ...Thanks....RGS
Too big to fail equals big enough to break up. Think standard oil.
Oil is a central commodity until we substitute it
It's funny 😍
the downside was that the antitrust was unfair
CZcams
Marvin Gershowitz wrong it depend on your location
@@vidipt I think you're right. I do look at Fox some just keep up with what they are presenting, but I tend to browse 1/2 dozen foreign and about couple dozen National and few local news sources.
more often than not when I'm just attempting to do a search for News or other search combination I get FOX or a lot of India News. Neither of these two are used much, but maybe they want me to...
🌬️
What a bunch of bunk
Google has more power the average person than Facebook does
I do believe Google and Facebook should be regulated more
The logarithms they use for advertising are totally off their mark
The advertisers are getting a lot of personal information about people but they are not getting the marketing that they think they are
Badass Bill Gates needs to come back and MAKE MICROSOFT GREAT AGAIN 😏😏😏
Can't. Because Linux now has seriously challenged Microsoft.
🤢
Microsoft corporation and Gates Foundation are always one step ahead 🕐
i think microsoft is walking right into another one
Yeah that the real Gates
Facebook 😛📖
this video didnt teacv hanyuthing -_-
Well it’s a win in the end!
Everybody loves Bing!!!
Mafia
Bill Gates is the Master Cheif
The colorful oil prudently stop because plastic phytochemically remain among a wide-eyed salt. amazing, ill-fated camp
The half pastor geometrically measure because religion osmotically blush to a assorted thermometer. nasty, spotless surfboard
“The increasing disparity between the rich and the poor is a major destabilizing influence in the world. It produces or exacerbates regional and national conflicts, environmental degradation, crime and violence, and the increasing use of illicit drugs. These consequences of extreme poverty affect all individuals and nations. Increasingly we are becoming aware that we are all members of a single human family. In a family the suffering of any member is felt by all, and until that suffering is alleviated, no member of the family can be fully happy or at ease. Few are able to look at starvation and extreme poverty without feeling a sense of failure.”
The Bahá’í approach to the problem of extreme poverty is based on the belief that economic problems can be solved only through the application of spiritual principles. This approach suggests that to adjust the economic relationships of society, man’s character must first be transformed. Until the actions of humankind promote justice above the satisfaction of greed and readjusts the world’s economies accordingly, the gap between the rich and the poor will continue to widen, and the dream of sustainable economic growth, peace, and prosperity must remain elusive. Sensitizing mankind to the vital role of spirituality in solving economic problems including the realization of universal equitable access to wealth and opportunity will, we are convinced, create a new impetus for change.
A new economic order can be founded only on an unshakable conviction of the oneness of mankind. Discussions aimed at solving problems related to extreme poverty based on the premise that we are one human family rapidly expand beyond the current vocabulary of economics. They demand a wider context, one which anticipates the emergence of a global system of relationships resting on the principles of equity and justice.
Although it will resemble the present system in many ways, the evolving economic system which Bahá’ís envision will have significant points of distinction.
Let us take as an example the Bahá’í view of income distribution, which allows for differences but would eliminate both extreme wealth and extreme poverty. The accumulation of excessive fortunes by a small number of individuals, while the masses are in need, is, according to Bahá’í teachings, an iniquity and an injustice. Moderation should, therefore, be established by means of laws and regulations that would hinder the accumulation of excessive fortunes by a few individuals and provide for the essential needs of the masses.
The Bahá’í writings anticipate the development of communities in which the well-being of every member is the concern of the community as a whole. The centre of such a community would include social service institutions which shall afford relief to the suffering, sustenance to the poor, shelter to the wayfarer, solace to the bereaved, and education to the ignorant.
In the New World Order envisaged by Bahá’u’lláh, rights are inseparable from responsibilities. A fundamental purpose of life is to contribute to the advancement of civilization. Idleness and begging are unacceptable in a well-functioning society, while work performed in the spirit of service is elevated to the station of worship. Thus the right to work, the right to contribute to society, takes on a spiritual dimension, and the responsibility to be productive applies to everyone. This attitude toward work profoundly influences the Bahá’í approach to social and economic development. Communities are encouraged to identify their own needs and initiate their own projects, many of which focus on alleviating poverty. Such locally initiated projects often receive support from national or international Bahá’í institutions.
The fostering of grassroots initiative is essential to the elimination of poverty; this concept has both moral and educational implications which demand profound study. In his report to the Sub-Commission on the Protection of Minorities, Mr. Eduardo Suesun Monroy pointed out that extreme poverty is often compounded by the deprivation of a constellation of rights guaranteed by the Declaration of Human Rights. Not only are the extremely poor in many countries deprived of their right to an adequate standard of living (article 25), and the right to choose one’s place of residence (article 13), but they are also often deprived of the right to work (article 23), the right to education (article 26), the right to social security (article 22), and the right to recourse in the courts (article 10).
The Bahá’í International Community welcomes the establishment, in 1992 by the 47th session of the General Assembly, of an International Day for the Elimination of Poverty, designated in resolution 47-196 as October 17. We also support the request of the Commission on Human Rights, expressed in resolution 1992/11, that the Sub-Commission study the question of human rights and extreme poverty and report to the Commission at its forty-ninth session. Mr. Leandro Despouy, Special Rapporteur on this question, can count on the full cooperation of the Bahá’í International Community as he conducts his study.”
(Baha'i International Community, 1993 Feb 12, Human Rights Extreme Poverty)
Almost breaking up Microsoft?! Thanks judge, for almost ruining one of the most exceptional companies of the last 100 years...
I don’t mind if apple becomes a monopoly 🙂
@rhh 12345 maybe not 100% but they have a small chance
Spoken like a modern day slave
Dumb people buy Apple.
@@montyi8 smart people buy samsung