...Google Antitrust Investigation Google is an American corporation specializing in internet search. Google was founded by Larry Page and Sergey Brin while they were doctoral students at Stanford University in the mid 1990's. The company has been estimated to run more than one million servers in data centers around the world and process over one billion search request each day. The company's perceived monopoly and market dominance let to media coverage accusing the internet giant of not only copyright issues, but censorship and privacy violations as well. However, despite these accusations, Google.com was reportedly the most visited website in 2013 (Savitz & Cooper, 2012). Google's critics claim that it unfairly utilizes its search engine to advance its own services over their competitors. Companies with no ties or google affiliations claim that, “Google engages in anti-competitive behavior across many vertical categories of search that harms consumers by restricting the ability of other companies to compete or put the best products in front of Internet users, who should be allowed to pick winners and losers online, not Google” (Savitz & Cooper, 2012). Google has fired back to these allegations by claiming that search users are easily able to locate other service providers and that their website is built for users and not for websites. Ironically, Microsoft was the company who originally launched the initial claims regarding Googles online practices. Many people remember...
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...Antitrust Practices and Market Power Google Inc. was being investigated for showing preference for certain websites and making sure that no rival websites showed upon a person’s Google search. The Federal Trade Commission (FTC) is in charge of investigating any anticompetitive business practices. Google is a very know web search engine that many consumers use either through their personal smartphones or internet search engines. In 2012 Google purchased Motorola’s smartphone, which resulted in 24,000 patents and patent applications that led to an expansion of the investigation. Google spent $12.5 billion dollars last year to acquire Motorola Mobility and the 24 patents. Google was being investigated in violation of the Sherman Antitrust Act due to their anticompetitive business practice. It is very well known that Google has great market power and in selecting only favored websites then they are abusing that power because they are not allowing competitors to a fair market. Due to the fact that Google has great market power it is looked at as a potential government monopoly because it has occurred back in the past where Google was known to give our government personal Google searches. The truth of the matter is that Google would be considered an oligopoly monopoly because although it is true that they hold a lot of market influence there are still other competitors such as Yahoo, Firefox, and Internet Explorer. Monopolies and Oligopolies are not always considered bad, but...
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...from http://dictionary.reverso.net/english-cobuild/antitrust investigation). Although these practices do not happen on a regular basis they do exist. One antitrust case would be the Google antitrust probe that started in 2011. This antitrust investigation was basically started because Google is the dominant navigator and king-maker of the internet. The Federal Trade Commission are the ones who bought Google up on these charges but Googles competitors are happy about the decision. Google dominates the search inquiries by 65% and search dollars by 75.2% this is showing the pecuniary portion associated with the antitrust behavior (Lee, 2011). Google has more than half of the market share associated with search dollars and inquires. Google controls the market for a variety of things like the housing market, map market and the travel market (Lee, 2011). This in turn makes a problem for any other company in the business. Google was investigated under more than one act. Sherman act was one which is an antitrust law in forces the prevention of monopolies or attempts to monopolize. The second act Google was investigated under was the Federal Trade Commission Act which prohibits unfair methods of competition (Shanshan, 2014). Monopolies for the most part are not good for society in my opinion. Monopolies are when one company controls the market for a specific product or products. For example in...
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...Google Faces New Federal Antitrust Probe While conducting my research for this assignment I have really became familiar with antitrust laws and how they play an important factor on successfully running a business. Antitrust laws seek to make businesses compete fairly. They have a serious effect on business practices and the organization of U.S. Industry. Recently in the news many articles have highlighted the topic that Google (The world’s largest Internet search engine) has been violating antitrust laws on how they are handling some ad sales. Just earlier this year (approximately four month ago) the FTC wrapped on an investigation concluding that the search giant had not manipulated its web search results to hurt rivals (US Department of Justice, 2013). Currently in the news Google is being accused of hiding links to rival shopping. This includes travel and other websites to help protect its ad revenues. The companies coming forth explain that Google isn’t practicing ethically and are only looking to benefit their company only. Google has stepped in and is currently trying to convince the European antitrust investigation to wrap up the antitrust probe (US Department of Justice, 2013). Google has offered to change some of their search pages to give more space to rivals in order to satisfy their concerns and just alleviate the whole issue (US Department of Justice, 2013). To my understanding this ordeal falls under the Sherman Act, which was passed by congress July...
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...Dentsply International and Market Power Ashley Davis DeVry University Dentsply International and Market Power The Congress passed antitrust laws in effort to protect competition in the market, as well as consumers whom are the ultimate recipients in the market (Novak, 2007). The case that will be discussed in this paper will be a company that was found guilty of violating section 2 of the Sherman Act, which focuses on people that are trying to monopolize the market for their own benefit, or someone that is trying to get complete control within an area of the economy. With the Sherman Antitrust Act in place, monopolization is very illegal and the act tries to prevent it from happening and protect competitors in the market (Novak, 2007). Dentsply International is a company that makes dental products, but their main product sold is false teeth. The company sells product in over 100 countries, so it is a very large company. The company sells its products to dealers, who then sell the false teeth and other products to dental labs. These labs then distribute the product to dentists with the supplies they need. If you don't include false teeth, the company supplies buyers with millions of dollars of products and dominated the artificial teeth market since they had close to 80 percent of the market share at the time they were being sued (Novak, 2007). Dentsply told their dealers that they had tell sell their supplies and deal primarily with them. When the Dentsply did that...
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...jnARTICLE ANALYSIS The Analysis of the Article Microsoft's Aggressive New Pricing Strategy Using Microeconomic Theory I. Introduction: monopolistic power as a means of getting high profits The review of the article Microsoft's Aggressive New Pricing Strategy in terms of microeconomic theory A. B. C. Microsoft as a monopolist in software industry Google as the main company’s competitor at software market Strategies taken by Microsoft to regain the competitive power and combat the global financial recession III. Conclusion: Microsoft as a company which operates at monopolistic and oligopolistic markets. 2 II. ARTICLE ANALYSIS Introduction Monopolistic power is a profit earner for many companies. It prevails in spite of the presence of government regulations against the formation of monopolistic power in the market, which brings in deformity in the competitive scenario. One of the vivid examples is the monopolistic power Microsoft has enjoyed (Burrows, 2009). A monopolist has the power to set any price they find reasonable for getting high profits. However, a monopolist cannot set both the price and quantity to be purchased at the same time. This article shows how a monopolist can charge whatever price it deems to but it is not in their power to set the quantity of the product demanded. Therefore, a monopolist must increase prices in order to gain market share. Further, a monopolist sets different prices in different places. This price discrimination depends on the demand...
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...ECON 203 - Case Study case study I. Table of Contents I. Table of Contents ……………………………………………… 1 II. Summary of Article ……………………………………………… 2 III. Concepts from Microeconomics Applied to Article …………. 4 A) Monopolies vs. Perfect Competition…………………… 4 B) Natural Monopolies……………………………………… 4 C) Price Discrimination……………………………………… 5 D) Price Controls for a Natural Monopoly……………… 5 E) Picking an Output Level………………………………. 6 IV. Analysis of Paper ……………………………………………….. . 7 V. Works Cited ………………………………………………………. 8 II. Summary of Article In a recent article written by Chris Moran titled “Why New Fiber Networks are Required to Shatter Monopolies of Comcast and Other ISPs” (Moran, 2013), the author commiserates with consumer’s financial frustrations that are stemming from monopolistic cable companies. Moran explains that the cable monopolies have come to exist as a result of outdated regulations that force a certain company upon a consumer based on their zip code. The article proclaims that with the introduction of fiber-optic networks, these monopolies may finally shatter. Moran’s article correspondingly references an editorial that was written by Christopher Lee, published in the Washington Post, which focuses on how cable companies are able to maximize their profits (Lee, 2013). Moran’s article highlights Lee’s core argument, which is that cable providers are engaging in price discrimination. Basically, by offering...
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...The power of Google should be limited before it becomes too much of a monopoly in the world especially with its deepening relationship with several of United States Government programs such as the CIA and NSA. With these governmental aids, who knows what is Google’s true potential. Who knows what privacy issues will occur in future. Even with Google’s mission statement “To organize the world’s information and make it universally accessible and useful” pretty much says in itself that Google doesn’t care about anyone’s privacy. Google’s mantra “Don’t be evil” is its reassurance that the information obtained by Google will not be used in a bad sense, but what is evil in Google’s eye. Didn’t you ever wonder how Google can supply free tools online such as g-mail and its toolbar? The answer is easy, Google provides these tools for free because there is an unrecognized agreement by many when you sign up for the usage of these tools and it is that Google can scan anything too collect data. For example, in your g-mail, Google scans all emails in g-mail that are being sent and received. Let alone whatever Google scans, they store. So that private love affair that you think is so private on that g-mail account, think again, because Google knows. So why does it matter that Google scans all of this information, what makes it so bad. Well going back to Google’s partnership with our government. Google can supply our government with so much more information then is imaginable. Some see this...
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...LO16-1. Define the monitoring problem and state its implications for economics. LO16-2. Discuss why competition should be seen as a process, not a state. LO16-3. Summarize how firms protect monopoly. LO16-4. Explain why oligopoly is the best market structure for technological change. After reading this chapter, you should be able to: LO16-1. Define the monitoring problem and state its implications for economics. LO16-2. Discuss why competition should be seen as a process, not a state. LO16-3. Summarize how firms protect monopoly. LO16-4. Explain why oligopoly is the best market structure for technological change. “It is ridiculous to call this an industry. This is rat eat rat; dog eat dog. I’ll kill ’em, and I’m going to kill ’em before they kill me. You’re talking about the American way of survival of the fittest.” Ray Kroc (founder of McDonald’s) When Microsoft was designing Zune, the Microsoft workers were sent a link to a video of Steven Jobs (the CEO of Apple) showing Jobs stating, “The only problem with Microsoft is that they have no taste—Absolutely no taste.” The goal of Microsoft showing the video to Microsoft workers was to infuriate the Microsoft workers sufficiently so that they would show that not only do they have taste, but that they can bury Apple and its iPod. It was to make the competition with Apple personal. It didn’t work, and Apple went public with its “no taste” view of Microsoft in a series of TV ads that portrayed the Apple computer as the tasteful...
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...currently competes in file hosting, software, operating systems, and gaming consoles. Unfortunately, each one of the aforementioned markets differ from one another. For the purpose of this discussion, the market that is of concern is Microsoft’s evolvement in operating systems. Determining the market structure Microsoft competes in with regards to operating systems makes it much more manageable to implement competitive strategies to maximize profits. At a quick glance at the competitors, Microsoft has in operating systems one might think Microsoft operates in a monopoly. However, this is untrue. In a true monopoly, there is one seller, no close substitutes, blocked entry, and one firm that controls price. Microsoft currently competes with multiple companies like Apple, Google, Linux, Unix, and Sun Microsystems. Even though the market share of these companies is rather small if even noticeable, Microsoft would not fit into a monopoly category. In a recent study on market share of operating systems, Microsoft currently holds 91.62% of the desktop operating system market ("Netmarketshare", n.d). Because of this Microsoft competes in an oligopoly market. An oligopoly market is defined as, Market situation in which producers are so few that the actions of each of them have an impact on price and on competitors. Each producer must consider the effect of a price change on the others. A cut in price by one may lead to an equal...
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...Software Copyright and Patents Introduction The escalating speed of the advancement in the software industry has put many parties in a competitive race to come up with new softwares for commercial purposes. This digital arms race contributed to a rapid increase in software patents from a mere 45 average patents a week in year 1985 to an average 1200 patents a week in year 2012 (Patent Metrics, 2013). Intrigued by such large numbers of software patents, multiple studies have been carried out by scholars to investigate the impact of software patents to the software industry. The studies sparked an ongoing debate on whether software copyrights and patents are beneficial or detrimental for the software industry. This paper touches lightly on the methodology of software copyrights and patents under the current standards of the World Intellectual Property Organization (WIPO). It then explores the benefits of copyrights and patents in the software industry and lay out the drawbacks of software patenting. Finally, this paper provides a possible four-point solution to the problems concerning software patents. Methodology of Software Copyrights and Patents According to WIPO, copyright is defined as something that “provides exclusive legal rights to a creator to publish, print, perform or materialise an original work and authorize others to do the same” (2002). In the context of software copyright, a software is subject to copyright as soon as it is documented in a verifiable manner...
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...Abstract This individual project is a SWOT analysis on Apple. We will analyze the strengths, weaknesses, opportunities, and threats. Once the analysis is completed, we will propose a strategy and a product to take advantage of their vulnerabilities to increase the company’s market share. The strategies will be used to make sure the highest benefit to the company will be looked at with great detail. The evaluation would suggest the need to extend with the strategy or to redefine them. SWOT Analysis of Apple Apple Incorporated is managed by CEO Tim Cook. Apple manufacturers’ computers, computer software, computer hardware, electronics. Apple has grown since 2001 when they launched the iPod mp3 player. Apple is the most prosperous electronics company in the world and has $156.508 billion in revenue and has profited $41.733 billion all in the year 2012 (DataMonitor, 2006). SWOT ANALYSIS Strengths 1. Strategic Alliances: Apple has been thriving in increasing and improving strategic alliances with lateral manufacturers and intermediate connection giants like Verizon, Comcast, Disney, and TBS. Strategic alliances have been a source of comparable benefit as the association can focus on making innovative products like iPod, iTunes, and iPad. 2. Creativity: Creativity is apples well renowned strength in the entire industry. Apple has continued to be creative, an example of which is the creativity it conveyed to the OS and hardware conceive...
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...Data Mining for Predictive Analytics Stanley Kenton Marks December 11th, 2012 Abstract Simply collecting data for research is nearly a faux pas in today’s competitive web-market. Analysts are now looking toward the predictive analytics of association discovery in web and data mining, to find Business Intelligence of clustering sub=populations while eliminating errors to keep collected data valid. In the midst this data crunch are fears of lost privacy. Do not fear. Creative innovations are bringing mash-ups to our diversity. Data Analytics Report Useful information, knowledge and finding some unexpected results can “strike it rich” with added creative thinking. Data mining supplies analysts, investors, and traders with customers buying patterns, historical trading rules, even fraudulent behavior for insurance claims. Predictive analytics is used in web mining by analyzing user’s movements from one web content to another. Collecting the data of where a user browses and the content they are seeking can become knowledge if the analyst understands the patterns (Turban & Volonino, 2011). An Association Discovery Algorithm is a tool of data mining where new rules are discovered such that if one item is present then another will also be found. This type of knowledge benefits analyst’s predictability of future probabilities and is very useful to the marketing department, (Ranjan, 2008). A traditional example you...
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...------------------------------------------------- Top of Form Powered by JRank Bottom of Form Reference for Business Encyclopedia of Business, 2nd ed. Reference for Business » Encyclopedia of Business, 2nd ed. » Man-Mix » Managerial Economics MANAGERIAL ECONOMICS Ads by Google 1 year diploma courses - Info on Courses, Scholarships & Admissions from IDP Experts. -india.idp.com/18001022233 SWOT Analysis Tool - Get a free 30 day trial of Mindjet the leading Mindmapping Tool! -www.Mindjet.com online gcp courses - Online, Classroom & Blended Courses Certification Programs & More! -www.cfpie.com CAT Scholarships-T.I.M.E. - Must for all cat and mba aspirants Register Now-Upto 100% scholarships - www.time4education.com/ttse Photo by: nyul Ads by Google MBA - Supply Chain Mgmt. 100% Online backed by Textbooks Academic support,E-Library.Join Now utsglobal.edu.in Rapid eLearning Train your employees with Rapid eLearning, cut your business costs www.niidtech.com MBA Distance Education Online 1 Yr MBA @ 29000. Approved from AIMA India & IAD UK. Enrol Now www.iibmindia.in Papermaking Technology Download white papers on new papermaking machines and processes www.risiinfo.com/whitepapers Decisions made by managers are crucial to the success or failure of a business. Roles played by business managers are becoming increasingly more challenging as complexity in the business world grows. Business decisions are increasingly dependent...
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...makes information instantly available to people from all around the world. The Internet provides access to information on literally any subject a person could possibly think of. It is an amazing tool that has a wide range of uses, but the convenience it provides presents some issues. Pornography is the first thing that comes to my mind. Before the Internet, a person had to have a physical copy of a pornographic movie in order to view one. In the present day, anyone do a Google search and have access to a multitude of pornographic videos for free. Governments have recognized the issues that the Internet presents and have attempted to regulate the Internet in various ways. Many attempts have not been completely successful though,...
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