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No, most private companies are not monopolies (although many would not mind I guess). It seems online advertising has a strong network effect[1], where website
by mandelken 5y ago
No, most private companies are not monopolies (although many would not mind I guess).
It seems online advertising has a strong network effect[1], where website owners use Google ads because that's where most advertisers are and advertisers use Google ads because it has most reach (and therefore tracking). This naturally creates a monopoly, just like with Facebook, twitter, LinkedIn, AirBnB, Uber etc.
[1] https://en.wikipedia.org/wiki/Network_effect https://en.wikipedia.org/wiki/Network_effect