News for hackers. Stuff that matters.

A comment on Alphabet Announces Second Quarter 2018 Results [pdf]. Parent comment

Re:Alphabet Announces Second Quarter 2018 Results [pdf] by Doctor_Fegg on Monday July 23, 2018 @06:16PM (#17596471)
Depending on the data source, Google has 80%+ share of the search engine market in many countries (such as here in the UK). That's a level often considered monopolistic.
[ Parent | on HN ]
Re:Alphabet Announces Second Quarter 2018 Results [pdf] by bduerst on Monday July 23, 2018 @06:45PM (#17596642)
No, that's considered having a large market share. Monopolies do not have competitors and have markets that are difficult for other companies to enter. Google has competition, both search (Bing, Baidu, DDG, etc.) and ads (MSN, Facebook, Twitter, etc.).

Put another way, monopoly companies have a large market share, but not all companies with a large market share are monopolies.

[ Parent | on HN ]
Re:Alphabet Announces Second Quarter 2018 Results [pdf] by patrickg_zill on Monday July 23, 2018 @08:25PM (#17597150)
https://www.ftc.gov/tips-advice/competition-guidance/guide-a...

The FTC explains their view of what is a monopoly.

[ Parent | on HN ]