Opinion: Rethinking Tech Monopolies – Why Size Alone Shouldn’t Determine Market Power
The debate over monopolies in the tech industry has been heating up, with regulatory bodies in the U.S. and Europe taking aggressive stances against companies like Google, Apple, and Amazon. But the frameworks these governments use to determine monopoly power are often flawed, relying too heavily on market share as the defining factor. This approach assumes that a company’s dominance automatically equates to harm, ignoring the nuances of market dynamics and consumer choice. The Problem with Market Share as the Sole Indicator One of the biggest issues with the current antitrust system is its bias toward equating size with monopolistic … Continue reading Opinion: Rethinking Tech Monopolies – Why Size Alone Shouldn’t Determine Market Power