> I am curious, do you think there is an ethical way to be a middleman like this?
I think ethics is not applicable here. Corps are for profit enterprises, and seek every chance to bring gain to shareholders.
Regulators goal is to support competitive market and healthy business environment, they totally can go after monopolists who abuse network effect and/or put limit on rent amount (say 5-15% from transaction) to support value creators.
>I think ethics is not applicable here. Corps are for profit enterprises, and seek every chance to bring gain to shareholders.
Sure, but the act of charging money for a service isn't inherently unethical. I just want to know where and what lines you draw.
>Regulators goal is to support competitive market and healthy business environment, they totally can go after monopolists who abuse network effect and/or put limit on rent amount (say 5-15% from transaction) to support value creators.
They could, but I'm not optimistic. I think many regulators are out of touch and don't realize how much upkeep digital commerce is saying. They see 30%, assossiate it to the days of brick and mortar which charged much more than that and say "well that's reasonable, Apple needs the money". All while ignoring the different landscape of how much people need to survive these days and how utterly hand over fist the middleman make.
There's just not a lot of empathy these days, and if all these Apple/Google lawsuits as is hasn't changed much, we need that empathy to make change.
I think ethics is not applicable here. Corps are for profit enterprises, and seek every chance to bring gain to shareholders.
Regulators goal is to support competitive market and healthy business environment, they totally can go after monopolists who abuse network effect and/or put limit on rent amount (say 5-15% from transaction) to support value creators.