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October 25, 2017, 02:38:18 AM |
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1) Youtube is so big that people mostly do not post videos on other video sites since the number of viewers is possibly hundreds of times less than Youtube. People don't watch videos on other sites because the number of videos available is hundreds of times less. Like Craigslist and eBay, the content creators bring in the content users and vice versa. That creates a monopoly right there.
2) Youtube has obtained legal rights to distribute a massive amount of copyrighted material that no other video website is allowed to do. Upload a song to youtube, and chances are it is owned by some massive media corporation which has given Youtube permission to distribute it with advertising.
3) Youtube has gotten big enough that they are the big fish on the Internet so to speak. They're also large enough to economically make use of regional content distribution networks. They don't have to pay for the massive amount of bandwidth that they need. Customers pay for that on their monthly Internet bills to their ISPs, which in turn is used to pay for network access to larger networks which YouTube has now become a part of. Smaller video websites have to pay high fees for bandwidth.
Time for the government to split them up like they did with the phone company in the USA?
What about other Internet monopolies?
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