Business
Shrill threats: Google risks losing media fight – Sydney Morning Herald
Google has become too successful for its own good. Its position as gatekeeper of the internet has governments worldwide lining up to hit it with taxes and regulation….
That was impossible to prove in that rather dry meeting but it did not take long in the marketplace. More than 20 years later, with 90 per cent of the global search market and $160 billion in annual revenues, Googles algorithm proved a phenomenon.
So much so that Google has become too successful for its own good. Its position as gatekeeper of the internet has anti-trust officials in the US investigating the consequence of its monopoly power and governments around the world lining up to hit it with…
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