#GoogleDominance: "Then there’s its deal with Apple, which is virtually identical to what #JudgeMehta found to be the original #Apple-#Google arrangement enabling the illegal #monopolization of the #searchmarket.

Mehta’s failure to impose a remedy was permission for Google to repeat this scheme with generative AI. And now it has. This deal will ensure that Google’s artificial intelligence chatbot product will become dominant in the most important mobile ecosystem in the world. And its experience structuring #adtech markets suggest that if it mediates the entire economy, many tradition businesses will wind up like newspapers, eliminated as Google appropriates profit margins for itself and destroys the ability of consumers to differentiate products based on quality, #innovation or other values. It could be an extinction level event for many commercial areas, like the death of the #openweb, and a dramatic narrowing of consumer choice."

#AISearch #PriceFixing #Antitrust

https://www.thebignewsletter.com/p/will-google-organize-the-worlds-prices

"The adtech problems drew a monopolization case, and Google lost that one too. And though the remedy is still to come, few think Google will be fundamentally restructured.

And that’s a tragedy, because the shift to AI is perhaps more significant than the shift to mobile. As with the early search market, there are several companies offering foundational AI services, like OpenAI, Microsoft, Perplexity, Anthropic, DeepSeek, and so forth. The two key resources determining which model wins are, same as search before, data and distribution.

Google, as you’d expect, is repeating its search monopolization playbook with Gemini. It is self-preferencing Gemini across its lines of business, which is what it did with Android and search. It is cutting deals to insert Gemini into every major retail channel, which is analogous to its payments to phone makers to thwart rival search engines. Then there’s its deal with Apple, which is virtually identical to what Judge Mehta found to be the original Apple-Google arrangement enabling the illegal monopolization of the search market.

Mehta’s failure to impose a remedy was permission for Google to repeat this scheme with generative AI. And now it has. This deal will ensure that Google’s artificial intelligence chatbot product will become dominant in the most important mobile ecosystem in the world. And its experience structuring adtech markets suggest that if it mediates the entire economy, many tradition businesses will wind up like newspapers, eliminated as Google appropriates profit margins for itself and destroys the ability of consumers to differentiate products based on quality, innovation or other values. It could be an extinction level event for many commercial areas, like the death of the open web, and a dramatic narrowing of consumer choice."

https://www.thebignewsletter.com/p/will-google-organize-the-worlds-prices

#Google #AI #LLMs #AISearch #PriceFixing #Monopolies #Oligopolies #Competition #Antitrust

One word: #Greedflation!

https://www.youtube.com/watch?v=ISOIOadu7LE

#tech #inflation #PriceFixing #Cartel #monopoly #nvidia #TSMC #ASML #DDR5 #Flash #OpenAI #AI #AIbubble #bubble #speculation #Enshittification

#FriendlyReminder that #Micron, #SKhynix and #Samsung have been convicted multiple times for #PriceFixing as a #cartel!

https://www.youtube.com/watch?v=9A-eeJP0J7c video via #GamersNexus

#RAM #Flash #Greedflation #AI #bubble #Enshittification

Why are big retailers like #Walmart not really saving consumers money? Because they force inflation of prices everywhere else!

https://youtube.com/shorts/V4IEu47n4EY

#economics #inflation #pricefixing #pepsi

@mhoye is correct:

Not even accounting for the fact that the de-facto #Tripol of #Samsung #SKhynix and #Micron have been convicted of #PriceFixing #RAM as a #cartel on multiple occasions and generations…

• So yeah, #capitalism, espechally #LateStageCapitalism, is bad!

https://www.youtube.com/watch?v=9hLiwNViMak
https://www.youtube.com/watch?v=9A-eeJP0J7c
https://mastodon.social/@mhoye/115742732861618099

Me: Gemini¹, rewrite the bread price-fixing article headline in the style of a CBC article about Montreal's Robin Hood Santas.

Gemini: What an great idea! You're fun, perky, and your body odour is naturally floral teehee. Here you go:

¹ I wrote this, screw that bish

#CBC #PriceFixing #Canada #CDNPoli #CanPoli