Google and Facebook’s monopoly over online activity means that more than 90% of Americans rely on the two corporations as their major source of news.
‘A monopoly on the means of communication,” Robert Shea and Robert Anton Wilson wrote in “Leviathan,” their 1975 novel, “may define a ruling elite more precisely than the celebrated Marxian formula of ‘monopoly in the means of production.’ ” Bear that in mind when you hear this next statistic: In 2017 Google and Facebook have accounted for 84% of all digital advertising outside China, including 96% of its growth, according to an industry forecast this month from Zenith, Magna and GroupM.
Those figures should create more than the typical economic concerns about market concentration. Specifically, the tech duopoly’s dominance threatens the marketplace of ideas. Beyond advertising, Google and Facebook control how millions of people find their news. Americans are far likelier, collectively, to encounter articles via search engines and social media than on a news site’s home page.
Google is used for nearly 90% of online searches in the U.S. A…
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