When is an industry competitive and when is it monopolistic


Google and its Monopolistic Tendencies

When is an industry competitive and when is it monopolistic? Read the article below about Google and its "monopolistic" tendencies.

1) All of you have used Google. Do you think it's anticompetitive? Why or why not?

2) Do you feel you have a good substitute product for Google? Why or why not?

3) Do you think the Antitrust Department should punish Google for being a "monopolist"? Did the author of the article think so?

 

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Business Economics: When is an industry competitive and when is it monopolistic
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