Office Hours: Google and Antitrust Legislation, Should I Go To Law School or Follow My Passion? Moving for a Dream Job

Google's Dominance

Scott Galloway highlights Google's overwhelming dominance in the search industry, holding a staggering 92% market share. He compares this to a hypothetical scenario where a single company controls the entire global auto industry, emphasizing the potential dangers of such concentrated power 1. "Google has become our God," Scott asserts, pointing out the vast amount of personal data the company holds and the trust users place in it. This dominance raises questions about whether Google should be considered a utility, similar to a regulated monopoly like Florida Power and Light 1.

   

Legislative Challenges

Scott argues for breaking up big tech companies, including Google, due to their excessive influence and power. However, he expresses skepticism about the likelihood of this happening, citing the impact of Citizens United, which allows companies to donate unlimited funds to politicians 2. "Big tech has basically totally overrun DC," Scott notes, highlighting the significant return on investment these companies receive for their political contributions. This financial influence results in legislative inaction, as politicians benefit from the status quo without having to publicly oppose antitrust measures 2.