4 ms·
The problem in a very real sense is Google is using its market dominance to enter other markets and unfairly compete/stifle competition. Whether I/you/we use g
by will_brown 8y ago
The problem in a very real sense is Google is using its market dominance to enter other markets and unfairly compete/stifle competition.
Whether I/you/we use google or not, we are all losing out.
How does it happen?
Google search is >90% of all internet searches. Is that a monopoly by itself? No, but they use the dominate market position to determine where they will expand. Example, flights/hotels Google knows everything about the economics of that industry from their market position. Then Google expands into flights/hotels. Google flights is now automatically at the top of every organic search to the detriment of competition and market incumbents. Google will also now bid up ads for these terms simultaneously putting themselves at the top of ads, lining their own pockets, and driving up the cost of Google’s own ad customers who were paying $1 yesterday to Google and now paying $10 Google to compete with Google. As a result many competitors across these industries go out of business and leave consumers with only Google.