Does anyone have a good idea of how we should regulate networks effects businesses such as Facebook and Amazon? It doesn't make sense to split them up regionally and splitting them in half to create a duopoly creates all sorts of inefficiencies.
The only semi-reasonable idea I can come up with is a monopoly tax on profits. Some sort of extra tax that is triggered on businesses exceeding a certain marketshare. Please, no one tell me Amazon's retail business doesn't make money, because if you believe that, you are wrong.
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How India and China are regulating their e-commerce marketplace giants (from
@henlaub's ecommerce newsletter)pic.twitter.com/X9zvajmDJf
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