this post was submitted on 15 Aug 2024
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A Boring Dystopia
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I'm a bit confused here; what have they got a monopoly on?
A monopoly is a business with no viable competitors. But Disney has at least one or two competitors in pretty much everything they do.
So does Google, but it's still a monopoly due to how they prevent smaller competitors from challenging the status quo.
Technically they have a monopoly on all their intellectual property (characters, star wars, marvel, pixar etc.)
But every company has a "monopoly on their intellectual property." That's just how that works and has nothing to do with being a monopoly.
As I said, technically a monopoly.
Fox + ABC is pretty big, but I don't see Disney being the same as a Google or Microsoft monopoly.
Please. You are correct but you need to be informed and eloquent about it. Google “enjoys an 89.2% share of the market for general search services, which increases to 94.9% on mobile devices,” according to the most recent judge to rule against them (it was a 270 page ruling so I can't blame you for not reading it).
Intellectual property rights do not a monopoly make. Unfair practices (like requiring webpages to conform to a new standard like google amp or not get boosted in search) make the monopoly.
Intellectual property rights are a government sanctioned monopoly over certain ideas.
But I totally agree that IP is not something that the monopolies and mergers commission will investigate.