Tiêu đề ĐÁP ÁN ĐỀ TRẠI HÈ HÙNG VƯƠNG CAO BẰNG LỚP 11 2024.pdf ✅

4 for violating EU antitrust rules. It said Google had abused its dominance in the mobile phone market with Android devices. It wasn't the first time Google faced an antitrust fine, and it might not be the last. Let's start by trying to understand what a monopoly is. The dictionary says it's a company or group having exclusive control over a commodity or service. In other words, it's the only seller in a market (16). We've seen plenty of famous monopolies throughout history, from standard oil in the 1890s to Microsoft in the 1980s. There are a few common things that happen when there's a monopoly. Barriers to enter a market, a lack of competition, on fair advantages, control over prices (16), and often regulation. Here's what happened with standard oil trust in the 19th century. Around 1880, the company controlled roughly 90% of US oil production (17). It bought out smaller companies and had nearly total control over prices for consumers. This worried regulators. By 1911, the Supreme Court decided standard oil had to be broken up in a landmark antitrust ruling. So is Google a modern-day monopoly like standard oil? The European Commission thinks so. At least in certain parts of its business. Here's where Google got in trouble with its Android operating system. Android runs more than 80% of the world's mobile devices like smartphones today. EU regulators said Google forced these device makers to pre-install Google apps like Search and Chrome, making it more difficult for competing apps to gain traction (18). The EU ordered Google to unbundle its apps from Android devices, which it recently agreed to do. This wasn't the first time the EU hit Google for breaking antitrust rules. In 2017, regulators fined the company $2.7 billion, for abusing its dominance in the search market. Google's search engine has around 90% of market share in Europe. The European Commission said the company abused its dominance in the search market, by giving its comparison shopping service an illegal advantage over rivals. Let's say I was looking for a new pair of headphones. Google's comparison shopping service listed a bunch of options at the top of the page. It was much more likely I'd click on those top results, generating revenue for Google and not a rival comparison shopping service further down the page. Yelp, for example, has complained to the EU that Google unfairly promotes its own search results, making it less likely users will click on other listings in reviews (19). The risk is that Google is stifling innovation and competition. One thing to note is that it's not illegal just to be a monopoly here in the EU. It's when monopolies abuse their power at the expense of consumers that they can start to get in trouble (20). Here's where it gets tricky with Google. It says it actually helps consumers by having a dominant position in the market. CEO Sundar Pichai argues Android's operating system creates more choices for consumers at an affordable price. This is where Google's monopoly is a little bit different than historical examples like standard oil. Unlike oil, the services that Google provides are mostly free. It can be hard to see how Google's dominance is harming consumers, when many of us can't imagine life without Google Maps or Search, apps that are free. So far, the European Union has taken a lead when it comes to regulating big tech. The full EU finds are still