Daniel Halliday
May 6 ยท Last update 2 mo. ago.
Are Google a monopoly that is destroying competition with rival companies?
Google have been accused of being a monopoly by many media sources, is this true? Should Google be slapped with monopoly fines/competition laws? And what effect does this have on consumers?
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No - Not a monopoly but a repeated tax dodger
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Yes, which has led to EU fines
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No - Not a monopoly but a repeated tax dodger

The tax evasion practices of Google and many other similar companies have a much worse effect than their market dominance or their efforts to monopolise their industry. Google has been demonstrated not to be a monopoly that requires regulation, but various tax evasion and avoidance schemes arguably do. Billions of dollars are lost to tax evasion every year with all continents having a sizeable shadow economy that facilitates some of the largest market leaders in getting around tax laws and minimising their contributions.

theguardian.com/news/datablog/2013/sep/27/tax-evasion-how-much-does-it-cost-a-country forbes.com/sites/timworstall/2017/04/23/google-isnt-a-monopoly-so-dont-break-it-up-or-regulate-it-like-one/#4bced3d36ad0

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Yes, which has led to EU fines

While Google is a diversified corporate company with interests in many areas the main area remains its advertising based search engine, which has been hit with EU antitrust fines, repeatedly. The company has used its dominance to make sure Google ads received greatest prominence for users of its AdSense, an embedded Google search tool, which was seen by the EU as an anti-competitive restriction and illegal under the regions antitrust laws. This adds to previous similar fines Google has received as a result of its market dominance and control over competition, these fines have amounted to several billion dollars so far.

globaldmag.com/2019/03/20/eu-google-antitrust-fine-for-abusing-its-search-monopoly

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