4 ms·
Wikipedia lists the characteristics of a monopoly here: http://en.wikipedia.org/wiki/Monopoly#Characteristics http://en.wikipedia.org/wiki/Monopoly#Characteris
by raldi 13y ago
Wikipedia lists the characteristics of a monopoly here:
http://en.wikipedia.org/wiki/Monopoly#Characteristics http://en.wikipedia.org/wiki/Monopoly#Characteristics
Which of those characteristics do you see in Google?
- JumpCrisscross 13y agoSingle seller - Google commands 2/3 of search engine volume [1] and 1/3 of online advertising [2]. Yes, they have competition, but in several verticals they are the only practical choice. Note that this does not make them an abusive monopoly, which is what those characteristics seem to be describing more than a monopoly per se. [1] http://searchenginewatch.com/article/2289560/Googles-Search-Market-Share-Shoots-Back-to-67 http://searchenginewatch.com/article/2289560/Googles-Search-... [2] http://www.bloomberg.com/news/2013-06-13/google-is-projected-to-expand-lead-in-online-ad-market.html http://www.bloomberg.com/news/2013-06-13/google-is-projected...
- raldi 13y agoIn which verticals is Google the only practical choice?
- ForHackernews 13y agoSearch engine marketing, for one.
- raldi 13y agoBut not search, like the original comment claimed?
- Pxtl 13y ago... I'm actually surprised it's only 2/3. I mean, there are fringe geeks on DuckDuckGo, and IE Windows default search is Bing, but still I've never seen anybody IRL actually open anything but Google for a web search.
- blah32497 13y agoThe Chinese use Baidu, the Japanese use Yahoo, the Russians use Yandex etc.
- nightpool 13y agoThe more accurate list is the "Sources of Monopoly Power": * Economies of scale * Capital requirements * Technological superiority * Network externalities All of these apply to Google, to some extent or another.
- raldi 13y agoPhysical strength is one source of bullying power. Would you say that anyone who is strong is a likely bully?
- matthewmacleod 13y agoI think you are conflating a monopoly with the abuse of such.