2/5 Several reports show that Google makes YouTube content creator tools inaccessible to users that are not also using Google’s Chrome browser. In other words, Google is using its power in online video to force users to use Chrome.
3/5 Side note, marketers can’t buy YouTube ads unless they also buy it using Google ad buying software. This is akin to a company not selling its stock unless a buyer also uses its owned brokerage to do so.
4/5 Back to Chrome ... Chrome imposes this tracking monopoly rent. Google then shares tracking data from Chrome with Google Ads - but not other advertising intermediaries. This allows Google to continue gaining market share in online advertising ...
5/5 Google has about a dozen products with 50+ to 90+% market share. Most of their power was built by leveraging Search first. Then the leveraging continued to domino.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Look, not long ago, credit card firms robbed consumers by burying rates and terms in long contracts that people don't read or understand. We passed a bunch of legislation to stop these abuses. TIL, etc.
Today, the new valuable property asset is data. 1/
Now we have the same trick, new industry.
Exploding growth and wealth in a few digital firms is a result of those firms playing the same hand: bury data costs and terms in long contracts that people don't read or understand. 2/
While we wait for our federal government to take action, the private market has been trying to close the gap.
Apple, for example, trying to force apps to properly disclose data costs.
Here is an example of how Apple updates will compare data costs of messaging apps /3