In the article ‘Antitrust Suit Could Bring Down Google’, author Dan Lyons discusses the lawsuit between Google and the Federal Trade Commission over antitrust concerns. To summarize, the FTC is suing the search engine giant because Google owns two-thirds of the US internet searches and that it has “rigged its search results in ways that hurt its competitors”. According to the FTC and the US government, Google is too powerful–its practically a monopoly. However, proving that Google is a monopoly is tricky business given the fast-paced and ever-changing world that we reside in today. As well, it’s not enough to prove that Google is a monopoly, the government must also prove that Google is abusing its alleged monopoly.
There are many ethical issues we can discuss concerning monopolies. For example, real monopolies are considered bad, as the company has complete dominance over a market and can therefore charge anyone any amount and basically get away with it. However, one can argue that in business, the primary goal is to maximize profits, and monopolies are just a step in that direction.
So is it true? We don’t know yet, as the lawsuit is still ongoing. However, if Google is indeed a monopoly, and abusing that monopoly, this becomes an issue of ethics–especially for the company whose unofficial slogan is “Don’t Be Evil”. In the end, however, this lawsuit is ultimately left up to the presiding courts, and the question of ethics left up to the individual.
“Absolute power corrupts absolutely.” –John Dalberg-Acton
Antitrust Suit Could Bring Down Google – Dan Lyons
Tags: FTC vs Google · Google · Lawsuit · Monopoly3 Comments
3 responses so far ↓
Hello,Rebekka!I picked up your upass and student card and ID to the sauder booth on the1st floor,in the Henry Angus,in front of the UGO.
Hope you can find them.
Yao Yao
Sorry,it should be Rebecca. 🙂