Quote of the day by Palantir co-founder Peter Thiel: 'Anyone that has a monopoly will pretend that they're in incredible competition' — exposing how tech titans bend the market in their favour
The size and scope of the world's biggest technology companies seem beyond anything we could have imagined in the distant past. Companies like Microsoft, Meta, and Google are described by many as monopolies in particular sectors and have landed themselves in trouble with the law over it.
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Writing in his book 'Zero to One', Palantir and PayPal co-founder Peter Thiel commented on the lengths that monopolies would go to hide their absolute control over a particular market segment.
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His book aimed to outline a formula for building the companies of the future and monopolizing new markets instead of simply fighting in existing...
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