Capital gains tax that increases progressively with gains, and decreases progressively with duration i.e. incentivize significant investors to create long term value instead of chasing quick exits.
Edit: I wasn't accusing everyone who is critical of tech of being a Luddite. The attitude that nearly every tech company is a net negative for society goes quite a bit beyond criticism.
This is the definition of competition according to Wikipedia: "Competition is a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place."
Yes, sounds like competition to me. Network effects are not anti-competitive.
You need to be completely out of touch with reality to read an article on 5 companies dominating a global market and your take from that info is that there are no anticompetitive practices because 5 is more than 1.
This seems to rest on the mistaken belief that a corollary of monopolies being bad is that more competition is always better than less competition. If everyone was a competitor in the restaurant food delivery market we'd all starve to death as no one would be growing food. An efficient economy wouldn't waste resources competing over less important things like restaurant food delivery over something more beneficial.
China (basically) only has didi. Not much the USA can say here.
Southeast has Grab, and within each country there are at least 2 local competitors (Be, GoJek, Bolt, Line Man, Bluebird, etc). I believe Doordash just bought Deliveroo, making it the only American competitor in SEA.
In Europe, the main players are local food panda / Delivery hero and Just Eat.
India's winning food delivery is Swiggy.
What countries have both the talent to build a food delivery app and the USA is the dominant player?
Me too, and I actually AM a Luddite
