Recommended Reading: BIG by Matt Stoller

https://mattstoller.substack.com/

On the SF Journal website we have not had a post for a while about intellectual property or copyright. We simply felt it was not worth the ink, and besides it tends to bore people to tears. I find the whole topic fascinating, but then again, I find the maintenance of harmonicas enthralling. To read about how the laws in the late 1990s was a huge gift to the tech industry and a sort of shake-down of the creative class, read my posts in https://sfjournal.net/category/copyright/

Many times when writing and reading about how copyright laws in the late 1990s and the digital age have made it so copyrights have become meaningless, people tell me that the problem is not copyright laws, it is about the concentration of power into a few hands and the monopolies of our time – Facebook, Google and Amazon to name the most easily recognized. Matt Stoller’s BIG is a Substack blog that writes about these monopolies and what Matt calls “the anti-monopoly revolution  happening today.” I am not so sure it should be called a “revolution” but what is true is that the tech monopiles are being challenged by the FTC and they are fighting back.  Perhaps the biggest change was the Biden appointment of Lina Khan as the chair of the Federal Trade Commission.  Lina is just 32 years of age, extremely bright and going to court to take Facebook to task for illegal anti-trust behavior.

Read BIG by Matt Stoller.

Long and in-depth articles that get way into the weeds about anti-trust laws and how people like Lina Khan are attempting to break up these monopolies.  Highly recommended.

What is interesting about the whole concept of monopiles, is that the major players in the tech industry have always been about controlling and dominating a channel.  Amazon,  for years going in the red just to undercut small bookstores and put them out of business. Facebook buying Instagram to take out a competitor. The list is long and the secret sauce is all laid out in Peter Thiel’s Zero to One: Notes on Startups, or How to Build the Future. This book discloses the recipe for creating a monopoly and crushing everything along the way. The author, oddly thinks this is all for the better, but then again Peter Thiel is a billionaire and may be a little out of touch with people working in an Amazon warehouse living paycheck to paycheck.

Anti-trust laws are often complex and full of nuance that can often leave Congress people scratching their heads save for Amy Klobuchar, who wrote a serious book on the matter Antitrust – TAKING ON MONOPOLY POWER FROM THE GILDED AGE TO THE DIGITAL AGE.