Google, Amazon and Facebook nearing monopoly, Apple close behind

in #google6 years ago

— The Federal Trade Commission revealed it was investigating that data collected by Google on its Android operating system back in May, and in a 60 Minutes interview soon after, antitrust lawyer Gary Reback said that Google does not have a monopoly but multiple monopolies

— Scroll down for video Social monopoly: There are growing calls for the Federal Trade Commission to start looking into the acquisitions of leading tech companies like Google and Amazon (Mark Zuckerberg in front of Congress in April above) Of the many astonishing facts and figures revealed by the CBS news magazine was that 90 percent of all searches in 2017 were through Google

— That investigation led to nothing, but Margrethe Vestager, who is the competition commissioner for the European Union, has made it clear that Google better change its ways overseas by fining the company $2.7 billion for trying to squash out its competition

— Microsoft was an interesting addition to that lineup, as it has been two decades since the Federal Trade Commission filed one its most famous antitrust cases against Bill gates' company

— Microsoft was ultimately split into two companies in 2000 and fined after a judge sided with the federal government, who brought charges against Microsoft over its monopoly on the sale of web browsers and operating systems on Intel-based personal computers28783461_1633570386734502_1076926537955016704_o.jpg