Our New Monopolist?

Remember back when Microsoft was a big nasty predatory monopoly dominating the industry? In order to fend off the unwanted attention of regulators, they went to some rather extraordinary lengths to keep their ‘competitors’ alive. In the end, of course, it actually took regulation to re-balance the market, but that was quite a few years, and many monopoly dollars, later. Obviously lessons have been learned:

The search site and advertising purveyor [Google] has talked to at least two private-equity firms about helping them bankroll a deal to buy Yahoo’s core business, says The Wall Street Journal, which cites “a person familiar with the matter.”

Unfortunately it’s the monopolists doing the learning, not the regulators. What a surprise.

Also, this:

Another argument for updating ECPA: Internet users currently enjoy more privacy rights if they store data locally, a legal hiccup that could slow the shift to cloud-based services unless it’s changed.

What are the odds that this ends up with a levelling of the field of play such that there is no advantage or additional protections to storing data locally? Why fund legislation that doesn’t push people into your business…

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Wise words...

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