this post was submitted on 24 Dec 2024
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[–] sunzu2@thebrainbin.org 150 points 2 days ago (1 children)

Once they get maket shared they start extracting...

To normal people this is called enshitification

[–] Buffalox@lemmy.world 46 points 2 days ago (1 children)

This should theoretically at least be illegal, as they abuse the power of the platform to favor certain tracks unfairly.

[–] sunzu2@thebrainbin.org 43 points 2 days ago (2 children)

Any action would require a government that pretends to care for the pedons.

[–] Buffalox@lemmy.world 32 points 2 days ago* (last edited 2 days ago) (2 children)

Spotify is AFAIK Swedish, so there you go.

PS:
I guess you mean peons.
Pedons is apparently types of soil: https://www.britannica.com/science/pedon

[–] Brewchin@lemmy.world 24 points 2 days ago (1 children)

Spotify is AFAIK Swedish

It was started in Sweden where its operations are still based, but it's headquartered in Luxembourg and it chose to IPO on the New York Stock Exchange.

Luxembourg screams "tax efficiency" to me, so their list of pre-IPO investors must be quite the thing.

[–] sunzu2@thebrainbin.org 1 points 1 day ago

@Buffalox@lemmy.world

Hmm

[–] circuitfarmer@lemmy.sdf.org 2 points 1 day ago (1 children)

Indeed. Regulation is deeply unpopular these days. At least with the oligarchs.

[–] sunzu2@thebrainbin.org 2 points 1 day ago

We got enough of their bootlickers in this thread lol