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I'm not saying that Google doesn't compete on their cash reserves, I'm saying "so what"? Does having a lot of capital make you a monopoly? Should we penalize bu

• Retric 10y ago
  Look at it from the other direction. I am saying one of the downsides of monopolies is they end up with a lot of capital, but they don't use it efficiently. At the core investing capital efficiently is a different skill. Another way to look at it is after breaking up AT&T it created a lot of horribly dysfunctional companies. Verizon is a long way from greatness, but many of these guys where far worse and then went out of business because they where inefficient. Remember, it was the same people, tech, and business models before and after the breakup, but busting up AT&T exposed problems to market forces which then went away. I am fine saying the rot has yet to set in at Google. But, give it 20 years and expect the same kind of problems because of human nature. PS: Granted, this does not really answer your so what, but efficiency in the long term really is a boon to society.