Disclaimer: I live in a third world country.
Disclaimer: I live in a third world country.
Now the pendulum has flung in the other direction and people are clamoring to not just break up FAANG, but to nationalize them and put all of their data under government control! It’s absolutely bizarre.
Don't underestimate the EU though, given some of the ignorant tech regulation they've already passed, it could happen at some point.
As Bing has demonstrated, Google's dominance in search is a result of superior technology and a huge lead. Even a company with the resources of MS hasn't been able to do anything but follow behind and create almost good enough copies at each step.
Although to be fair that's what MS has always done so maybe a more nimble company might have a shot some day.
In the near future AI and machine learning coupled with computing advances could be a way into search for competitors if G doesn't get there first.
Also:
1. Web browsing is not a "market".
2. (Physical) markets are not intended to "fix things".
3. Google's main strength at this point is its size and amount of computer power. And it is almost impossible (and actually very wasteful environmentally) to build something parallel to that which does mostly the same thing.