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Industry Focus

Tech: 3 Tech Monopolies Not Named Facebook

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 10 December 2021

⏱️ 26 minutes

🧾️ Download transcript

Summary

We talk through the natural and curated monopolies that exist in the tech landscape and use three companies -- Alphabet, VeriSign, and Axon -- to explore the traits of businesses with incredibly strong market position and why they're so attractive.

Stocks: AXON, GOOG, GOOGL, VRSN

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Transcript

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0:00.0

Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.

0:20.4

We're talking energy. And today we're talking tech. Let's dive in.

0:26.3

It's Friday, December 10th and we're talking about stocks with monopolies. I'm your

0:30.9

host still newest and I'm joined by fool.com's most miniscule

0:33.8

momentum man of monumental mystery Brian Feroldi Brian what's going on hey

0:39.5

Dylan how's it going I think this has got to be a fun episode and importantly we're going to be talking about

0:44.4

tech monopolies not named Facebook I mean Meta yes I think that's one of the signs that you are becoming pretty close to monopoly.

0:55.0

If you change your name into something that suggests an umbrella brand, you're heading into

1:00.1

monopoly territory, Brian.

1:02.1

Interesting enough, two of the three companies

1:03.8

we're going to highlight have changed their name,

1:05.7

so maybe it's time for the third to do the same.

1:08.8

You had pitched this show idea, and I loved it.

1:11.6

And I want, before we even get into some of the businesses we're going to be talking about, to just

1:16.0

kind of talk through why you wanted to talk through this concept and why this is a hopeful perspective

1:21.9

for people to have when they're looking at businesses.

1:24.8

Monoply's tend to get a bad rap and I understand why especially if you look at history.

1:30.9

Monoply tend to be extremely bad for consumers.

1:34.6

Some of the famous ones were like AT&T, which was broken up in 1982,

1:39.2

Standard Oil, which was broken up in like the 1910s or 1920s and there are reasons that there are laws on the books that prevent monopolies from existing and abusing their power.

...

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