A major concern among many regulatory bodies and authorities at this current point in time has to do with monopolies, and a big part of the reason why that is the case has to do with the fact that companies like Google as well as Facebook have used some rather underhanded tactics to acquire the monopolies that they are taking advantage of. As a result of the fact that this is the case, the US department of justice is mulling over breaking these companies up in order to keep the market competitive, and this might just mean some pretty big changes down the line for Google if you think about it.
A team of state prosecutors have been working on an antitrust case for quite some time now, and this could potentially lead to Google being forced to sell off some of its assets with Google Chrome as well as Android being at risk of getting spun off into something that is outside Google’s actual control all in all. This could result in some pretty drastic changes as well as a general shakeup of the industry.
Some are criticizing this as government interference into the free market, claiming that companies can’t survive if the government keeps forcing them to sell parts of themselves off and that consumers have the right to choose what kind of services they want and if those services come from a monopoly then that should the end of that. With all of that having been said and out of the way it is important to note that many are also praising this potential outcome, saying that Google used its dominance to stifle competition and is exerting too much control on the internet and selling parts of it off could help to democratize the internet in some way, shape or form.
A team of state prosecutors have been working on an antitrust case for quite some time now, and this could potentially lead to Google being forced to sell off some of its assets with Google Chrome as well as Android being at risk of getting spun off into something that is outside Google’s actual control all in all. This could result in some pretty drastic changes as well as a general shakeup of the industry.
Some are criticizing this as government interference into the free market, claiming that companies can’t survive if the government keeps forcing them to sell parts of themselves off and that consumers have the right to choose what kind of services they want and if those services come from a monopoly then that should the end of that. With all of that having been said and out of the way it is important to note that many are also praising this potential outcome, saying that Google used its dominance to stifle competition and is exerting too much control on the internet and selling parts of it off could help to democratize the internet in some way, shape or form.
