Is Google a monopoly? | CNBC Explains

Google has been fined record-breaking amounts by the European Commission for violating antitrust rules. Is Google a monopoly that needs to be broken up? CNBC’s Elizabeth Schulze explains from Brussels.

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[DragonKingGaav]

0:19 I just loved how she held up an iPhone when talking about Android.

[larrends]

"If you don't pay for the product, you are the product"
- the social dilemma

[hasanrizvi]

Wait a sec. So Google having it's apps like Chrome, etc. is Monopoly or misuse of power, but iOS forcing people to download all the Apple crap, Apple Music, Safari, etc. isn't?

[MuhammadShafiqShafiqx]

Monopoly occurs when the company is taking an advantage of the people by forcing them to pay and buy more. In this case, google doesn’t take an advantage of the people. We choose google because it’s convenient and free.

[Atem_S.]

it's not a monopoly, they're just the best!! There's numerous search engine just that none work to the level of Google! Same for maps, email, translation..

[evolutionvi]

If Yelp stopped forcing mobile users to download their app, more people would click their links in search results.

[pizzalover]

To Google, we are NOT the consumers. We are the products that they sell to Google’s real consumers.

[jzk]

Pretty unfair to say Google doesn't have the right to place ads at the top of its search engine. Its THEIR product - they should have the right to show ads at the top of the results and make money from that since that's their business model. What's stores can't place their products at the store windows at THEIR stores?

[manoloblanco]

Video Suggestion: Why Venezuela isn't as rich as Saudi Arabia?

[aspvideo]

3:05 It's free for the B2C market because they use our personal data for selling in the B2B market. All as a service mode

[stevegunderson]

Microsoft is a monopoly, almost no one puts LINUX on their PC device. google maybe from a phone point of view but certainly not from a browser point of view

[EatAtJoes]

@3:15 They are not FREE! We are paying for them with the most valuable commodity in existence: information. The data collected by heavy usage thanks to the app being "free" is so much more valuable than charging $2.99 for an app sale. We're all getting fleeced to save less than a hundred bucks a year.

[companybroadcast]

If a monopoly is achieved through honest service, A leap in value and raising the bars for Competition Then It Is a well deserved one.
Otherwise, It has to be regulated and controlled

[vedantkale]

Stop bashing standard oil if you don't know what it did to the market. Oil was selling at around 24 shillings a gallon and by the time it was broken up the price was hovering at 7 shillings a gallon. Not to mention, before the oil market was a highly fragmented industry with no brands that can assure the quality of their products, so very often people's homes were burnt down because of knockoffs. In their time (like today) monopolies had become a dirty word and that is why it was broken down. Decisions made on public opinion are always poor.

[BlackCat-qrgy]

When you search “is YouTube a monopoly” they send you here.

Very clever.

[matrixdexter]

aaaah!dear Eu, google is free..you dont have to use it.so the staff about monopoly is all bs

[mayummanusmatrbhulnepatr]

Topic suggestion : how does share market work

[lvl]

i like when thy point to a place in the video and say check out all of our other videos over here and nothing shows up lmao

[shubhampreetsingh]

No one can have Monopoly, what people need is a better product whosoever provides it, he is the king!

[AzzrudinJamil]

Personally I think google products are good and helps me allot and I've tried others and some might be better but most of google stuff is good. When a company conplaints google is monopolizing but the consumers doesn't, in fact google increases the productivity of the community, isn't that what we all wanted? Now european have to pay for stuff that is actually free because it violate a fair market rule. What a joke. It completely ignores the benefit of it and not even considering any feedbacks from the consumers point of view. Prioritize companies profit over product and controlling competative market are the true definitions of a capitallism economy in my opinion.