If you are a follower to my blog (which you should be), you may have noticed I have covered both of these topics. The first--Google--I explained how the company has been growing uncomfortably large, and--as we have talked about monopolies--seems to be taking an unfair grapple in the economy. I have also mentioned E bay's current 'mismanagement': an area where Google ownership may be important. All in all, my opinion remains unchanged: Google, I understand that you are a company that wants to make money like everyone else, but please; let other companies compete so we don't have another Standardized Oil co problem*.
That said you may or may not agree with me. It is important to know how a company this size can affect other parts of our economy. The stock market has new classes of shares for Google, but it seems like one of the only options for investment. Google --as you all should know-- make the majority of their money off of advertisements; what then? With this rise in power, E bay will not be one of the only websites seeing more ads -enough said. Politically, Google may have more connections with the government than I am comfortable with. The central point is that no one business should be so huge that a majority sees it as an "only option". That isn't the individual's right of free choice.
Let me know what you all think in the comments though, because no matter what, this current event is quite significant.
*Standard Oil Co. was a monopoly in the early-mid 1900's that was then broken up as part of trust buster's initiative.
This article was brought to you by GIIERU MFG. soon to open an independent research wing. "GIIERU MFG., now bringing you SCIENCE, 20% off!"
As a follower of your blog, I recognize the references to past posts and appreciate this tie-in. I agree that Google seems to have grown uncomfortably large. However, advertisements are what keep the web (mostly) free to use. Though annoying, they are hardly something to complain about. I do think that Google should be checked if it is too much of a threat to other businesses. The right to free choice is one of the most important aspects of our economy.
ReplyDeleteI definitely agree with you, Daniel! This has monopoly written all over it. I, for one, enjoy eBay and would not enjoy having it under the control of one of the biggest industries out there. I am having flashbacks from class when Mrs. Weser talked about Oligopolies, where there are a few major businesses that buy out other businesses. I am a huge supporter of separate businesses with competition. I think it is the American spirit in the economy, and I do not support this undertake of eBay. I hate ads, but on the other hand, as Meredith has pointed out, I do not want to have to pay for the internet more than necessary. It is a delicate topic, and I appreciate your uncovering of it!
ReplyDelete