Apr 23, 2017

A new era of monopolies

Wayne Parry / AP

Per the New York Times:

  • Google controls 88 percent of search advertising
  • Facebook, which also owns Instragram, WhatsApp and Messenger, controls 77 percent of social traffic
  • Amazon controls 74 percent of e-book market

What to watch for: we are seeing more chatter than ever that these companies are getting too big too fast. Americans retain a romantic view of big tech firms but concerns about fake news, privacy and consumer choice are rising.

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