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Google was made possible by US antitrust turning a blind eye towards Google's acquisition of DoubleClick and YouTube. Considering Alphabet is dominating both se
by tannhaeuser 3y ago
Google was made possible by US antitrust turning a blind eye towards Google's acquisition of DoubleClick and YouTube. Considering Alphabet is dominating both search and ads and also offers services via searches, the EU commission already hinted at a breakup as a viable measure to lead the web out of its misery.
[1]: https://ec.europa.eu/commission/presscorner/detail/en/ip_23_3207 https://ec.europa.eu/commission/presscorner/detail/en/ip_23_...
- mg 3y agoGoogle's market cap was already at over $100B with billions in revenue and hundreds of millions in profits when it bought DoubleClick and YouTube. So while those were big aquisitions (Around $3B and $2B) they only accelerated the process of Google turning into the web's central player. It was already set in motion before the aquisitions.
- rwmj 3y agoThe large market cap is exactly why they shouldn't have been allowed to acquire either. (Same goes for Facebook with Instagram, Whatapp).