Google: Tool or trust?

Five years ago I asked, “Is Google a utility?” : A utility, of course, is usually a “natural monopoly”; it provides some infrastructure-type product or service in a market where competition supposedly makes no economic sense. : Its profits are essentially assured but managed; its rates are regulated; it has little choice over with whom it may do business. : Regulation of a monopoly as a utility is an approach, mainly of an earlier era and school of thought, to managing a certain kind of challenge to public welfare presented by dominant market share.

Google a utility? : Well, it certainly provides something in short supply that everybody likes: : Money. : Google has generated massive wealth, not only for its investors and shareholders and employees, but to untold millions of beneficiaries of its search engine, the most influential and powerful invention of our generation. : This blog is certainly one of those beneficiaries, as is the practice and well-being of its owner.

Of course, it was only a matter of time before the going got too good. : As everyone knows by now, Google is on the verge of officially being: investigated for antitrust violations by the Federal Trade Commission. : Here is its: official response.

Busting up Google just because it’s dominant – and it is very, very dominant, no matter what they tell you, for its dominance goes far beyond its market share of search; as anyone who sells, creates or actively does anything on the Internet – would probably be bad policy. : But there are probably other reasons to take a look at a company that is indeed so powerful that it probably knows, or can find out, enough about just about everyone with anything to hide that it is a little scary. : Luckily, I am not one of them. : I am, however, concerned about the rest of you.

This is a big issue, and I am not prepared to run away from writing about it in the context of the topic of this blog. : But I am also not all that up to speed on it yet. : A post on Search Engine Land called “Googleopoly,” however, is probably where I will start to get there.

Originally published on New York IP lawyer Ron Coleman’s: LIKELIHOOD OF CONFUSION:® blog.

 

Related Articles

3

Even Left-Wing ‘Fact Checker’ Gives ‘Four Pinnochios’ to Hillary’s Claims That Illegals Pay More Taxes Than Corporations

FacebookTwitterEmail Even left-wing Glenn Kessler, the Washington Post’s so-called “fact checker,” had to admit that Hillary Clinton’s latest claim on

0

VIDEO: Freedomworks FreedomConnector, Join The Fight

FacebookTwitterEmail Visit FreedomConnector and find ways you can get involved in your area.

357

Big Donor to Democrats Appointed to Obamacare Policy Panel

FacebookTwitterEmail We’ve seen it over and over with the Obama administration. All one need do to become a “czar” or

Share This

Share this post with your friends!