Google vs. Monopoly
Google vs. Monopoly
Content
Introduction………………………………………………………………………….............................................2
Long Journey To Victory .…………………………………………………………………………………………………..…..2
Evil Monopoly …………….………………….….……………….…………………….……………………………………………..3
Conclusion……………………………….………………….………............................................................4
References…………………………………………….……………...........................................................6
Google vs. Monopoly
Introduction When running a large system of goods or services which millions of people follow, it is obvious there will be ones who will be jealous of such a system and who will try to prevent or break this system by any means whether it involves cheating or not. In this case, Google is the big system who was accused of using its commanding position in Web search to hurt rival companies and leverage its travel services, restaurant reviews and other product.
Long Journey To Victory In a free market, suppliers compete with others in order to achieve more consumers. Each supplier presents products at prices that more consumers prefer. This is the intense competition between businesses since “satisfaction of human beings” is the number one goal of each business. First of all, when there are loads of businesses running towards one goal, it is already intense. Second, “satisfaction of human beings”, this goal itself is nearly impossible to achieve because we are dealing with very moody and emotional creatures. Hence, the competition becomes bizarre. Because of this madness, companies might take on unfair actions where the main goal becomes “possession of the market”. These companies want to be the owners of the owners with no more market share for anyone but themselves. This is why the antitrust laws were ever passed and turned such unfair actions into illegal. Antitrust laws protect anti-competitive behaviors and free-trade. If there is no competition for an existing business, then it
Content
Introduction………………………………………………………………………….............................................2
Long Journey To Victory .…………………………………………………………………………………………………..…..2
Evil Monopoly …………….………………….….……………….…………………….……………………………………………..3
Conclusion……………………………….………………….………............................................................4
References…………………………………………….……………...........................................................6
Google vs. Monopoly
Introduction When running a large system of goods or services which millions of people follow, it is obvious there will be ones who will be jealous of such a system and who will try to prevent or break this system by any means whether it involves cheating or not. In this case, Google is the big system who was accused of using its commanding position in Web search to hurt rival companies and leverage its travel services, restaurant reviews and other product.
Long Journey To Victory In a free market, suppliers compete with others in order to achieve more consumers. Each supplier presents products at prices that more consumers prefer. This is the intense competition between businesses since “satisfaction of human beings” is the number one goal of each business. First of all, when there are loads of businesses running towards one goal, it is already intense. Second, “satisfaction of human beings”, this goal itself is nearly impossible to achieve because we are dealing with very moody and emotional creatures. Hence, the competition becomes bizarre. Because of this madness, companies might take on unfair actions where the main goal becomes “possession of the market”. These companies want to be the owners of the owners with no more market share for anyone but themselves. This is why the antitrust laws were ever passed and turned such unfair actions into illegal. Antitrust laws protect anti-competitive behaviors and free-trade. If there is no competition for an existing business, then it
References: * Editorial, Board, The Washington Post (2001, June). Googlopoly? Retrieved January 6, 2013, from Newspaper Source Plus Web site: http://proxy.devry.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&AuthType=url,cookie,ip,uid&db=n5h&AN=wapo.c7b649b2-56be-11e2-a613-ec8d394535c6&site=ehost-live&scope=site * The New York Times, Toronto Star (Canada) (2010). Victory for Google in antitrust investigation. But search giant found to have misused patents on cellphone technology. Retrieved January 4, 2013, from Newspaper Source Plus Web Site: http://proxy.devry.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&AuthType=url,cookie,ip,uid&db=n5h&AN=6FP1154584723&site=ehost-live&scope=site * Timberg, Craig, Washington Post (2001, March). FTC to end longtime antitrust investigation of Google. Retrieved on January 27,2013, from Newspaper Source Plus Web Site: http://proxy.devry.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&AuthType=url,cookie,ip,uid&db=n5h&AN=HOB174359434313&site=ehost-live&scope=site * U.S., UPI Business (2013). Google Settle antitrust matter. Retrieved January 3,2013, from Newspaper Source Plus Web site: http://proxy.devry.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&AuthType=url,cookie,ip,uid&db=n5h&AN=wapo.3bb4b128-550c-11e2-bf3e-76c0a789346f&site=ehost-live&scope=site