- cross-posted to:
- technology@lemmy.zip
- cross-posted to:
- technology@lemmy.zip
Nearly a year ago, U.S. District Judge Amit Mehta ruled that Google had acted illegally to maintain a monopoly on the search engine market.
It was a decision that sent shockwaves through Silicon Valley and Washington.
It’s not something unique to capitalism. In communism you can easily have tons of monopolies as well.
Regulation is definitely a good thing. Competition among companies is a good thing.
In communism the state has control of everything and everything is a monopoly.