The Plain View

from Plaintext Like any good nonfiction writer, the Majority Staff (i.e., Democrats) of the House Subcommittee on Antitrust, Commercial, and Administrative Law has produced a long-read document distinguished by deep research and an unyielding thesis: Big Tech is too big, too bad, and fights dirty. Sixteen months ago, the subcommittee set out to expose bad behavior in Silicon Valley’s top companies. Empowered with subpoenas, it had little trouble finding it. The docket of whistle-blowing witnesses and damning exhibits uncovered a litany of bullying, self-interested, anti-competitive behavior that justified the exercise, which some thought redundant because of ongoing investigations by the […]

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The Google Tax

from Seth’s Blog Actually, there are two. The first is the tax we each pay so that companies can bid against each other to buy traffic from Google. Because their revenue model is (cleverly) built on both direct marketing and an auction, they are able to keep a significant portion of the margin from many industries. They’ve become the internet’s landlord. The difference between a successful business in New York and an unsuccessful one is just a few percentage points–the successful ones pay 95% of their profit to landlords, while the unsuccessful ones pay 105%. More here.

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