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November 15, 2022

Monopoly Power discussion

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After watching the video, reflect on your experience with big technology firms such as Amazon, Facebook, and Google. You may want to consider the following article regarding a potential break up:

https://www.bu.edu/articles/2019/break-up-big-tech/

For this discussion board, provide insight into your thoughts about market power and big technology. In addition, include your thoughts regarding the following questions:
What are the barriers to entry and what role do they play in these markets?
If you were a manager at one of these firms (Amazon, Facebook, Google, etc.) do you want to possess market power? Why or why not?
Given the current structure of these firms, is competition from small business and other participants diminished?

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