YouTube suspends Russell Brand from making money off his channel — The suspension comes following the publication of rape and sexual assault allegations against the British star::YouTube has blocked Russell Brand from making money off its platform and the BBC pulled some of his shows from its online streaming service in the wake of rape and sexual assault allegations against the comedian-turned-influencer.
That’s too much power for a monopoly to have. And YouTube is quite close to a monopoly.
Maybe “more fool you” but entire livelihoods and businesses rely on YouTube not cutting them off at any random moment with no notice or warning.
But YouTube doesn’t have a monopoly, you’re more than welcome to start up a competing video hosting site and steal their customers. YouTube is providing a platform, for people to upload and store their videos for free – they have every right to decide who they do and don’t want on their platform.
Due to network effects, YouTube has a monopoly in video hosting. A monopoly is any company which has significantly more marketshare in its respective niche than all other companies in the same niche.
Now, does YouTube fit this definition?
Btw, there have been successful lawsuits against channel suspensions already from people making a living off of YouTube due to worker protection laws.
