Nearly a year ago, U.S. District Judge Amit Mehta ruled that Google had acted illegally to maintain a monopoly on the search engine market.
It was a decision that sent shockwaves through Silicon Valley and Washington.
Nearly a year ago, U.S. District Judge Amit Mehta ruled that Google had acted illegally to maintain a monopoly on the search engine market.
It was a decision that sent shockwaves through Silicon Valley and Washington.
All companies will eventually try to become monopolies if they get large enough. It’s the nature of capitalism, to do whatever it takes for the bottom line of profit and company growth. That’s why regulations are a good thing, to put limits where a company alone will never do.
It’s not something unique to capitalism. In communism you can easily have tons of monopolies as well.
Regulation is definitely a good thing. Competition among companies is a good thing.
In communism the state has control of everything and everything is a monopoly.