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Google is unambiguously a monopoly - they have a 90%+ market share in search. Whether or not they're engaging in anti-competitive behaviour is the big question
by DoughnutHole 4y ago
Google is unambiguously a monopoly - they have a 90%+ market share in search. Whether or not they're engaging in anti-competitive behaviour is the big question - whether or not they have a monopoly in search is not really debatable. For example Standard Oil, the 20th century poster child for monopolistic abuses and origin of modern anti-trust law also had a market share of ~90%.
[EDIT because I found bad data about Walmart] Walmart is definitely also a monopoly or close to it - they have a share of ~70% of the grocery market, and should also be subject to restrictive antitrust rules, or even broken up. They don't have a monopoly in online retail where Amazon controls over ~55% of the market. But the fact that Walmart has a monopoly in one industry does not say anything about possible anti-competitive behaviour by Amazon in another. Amazon's not quite a monopoly in online retail yet but it's definitely trending in a worrying direction.
- scarface74 4y agoBy what definition is 55% a “monopoly”? And by “breaking up Walmart”, what do you suggest? That they are forced to remove groceries from their stores? In “online travel sites”, Google is a tiny player. https://www.statista.com/topics/2704/online-travel-market/#dossierKeyfigures https://www.statista.com/topics/2704/online-travel-market/#d...