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Google doesn't have the "durable market power" described here: https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/single-firm-conduct/mon
by certifiedloud 9y ago
Google doesn't have the "durable market power" described here:
https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/single-firm-conduct/monopolization-defined https://www.ftc.gov/tips-advice/competition-guidance/guide-a...
They can't raise prices and exclude competitors long term.
- tyingq 9y agoThis internal FTC report that was leaked: http://graphics.wsj.com/google-ftc-report/ http://graphics.wsj.com/google-ftc-report/ Has this conclusion: "Google has unlawfully maintained its monopoly over general search and search advertising" The report ended up being buried, but it at least shows that credible people with lots of experience in the area believe strongly they are a monopoly.
- certifiedloud 9y agoThat's a really great source. Though they do note that Google's market power isn't all that durable (because they don't charge, and competitors exist), they obviously conclude that they have unlawfully obtained monopolistic status.
- Spivak 9y agoYou don't think Chrome's new ad blocker is an example of excluding their competitors in advertising?
- matt4077 9y ago> They can't raise prices and exclude competitors long term. Of course they can–remember: they get paid by advertisers, but it's the users that make the decision to use them. For many businesses, search is the only online ad channel that actually works, and it's not straightforward to see how any competitor could catch up to their technological advantage in search.
- certifiedloud 9y agoTechnological advantage is a legal means to become a monopoly, according to the SEC link above.