4 ms·

I really don't understand how they have made it to this point.

• lovich 9y ago
  The government doesn't try to prevent monopolies anymore, and once you're a monopoly you have more than enough power to stop competitors if you pay even a modicum of attention to them
  • colejohnson66 9y ago
    The problem is that YouTube isn’t a monopoly. There’s other video sharing sites available such as Vimeo. Also, everyone uses YouTube and private companies don’t have to respect the freedom of speech ideal.
    • lovich 9y ago
      The colliqual usage of monopoly does not mean that the group described as a monoply has 100% of the market as seen here[1]. Having nearly all of the market is sufficient to be described as a monopoly. Once you are able to unialterally affect the market as you wish, because you control such a large portion of it, you are exercising monoply power. As an example Microsoft didn't control 100% of operating systems when the US government went after them, but they were still found to have been absuing their monoply power. Google putting their reviews above the search results when you search for a restaurant, which always made them appear before Yelp's, is pretty much the exact same situation as Microsoft forcing IE to be the default browser on Windows but you don't hear anyone in the government even hint at going after Google nowadays [1]http://www.investopedia.com/terms/m/monopoly.asp http://www.investopedia.com/terms/m/monopoly.asp