this post was submitted on 13 Jun 2024
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Ok, but equally any competition would need to be profitable earlier, you can't complain you got a service operating at a loss which is now operating at a profit when that's exactly what any alternative you'd feasibly switch to would do
There is a difference between needing to operate at a loss when first starting a business because it is necessary and using funding to prop yourself up so much that is undermines all of the competition. Like the difference between being a very successful business and abusing a monopoly.
Oh yeah I absolutely agree with monopoly abuse being a bad thing with a huge caveat that it's so much worse for essential services and not quite as bad for extras, like youtube. I personally can't see any competition to youtube being able to provide a better service - it's in a similar niche to Netflix where they were great until they got competition at which point the userbase and content fragmented, which meant they had to provide a worse service to make money as the content rights agreements made it into several small monopolies and so they were literally unable to compete, which is frankly worse