Answer to Question #149083 in Macroeconomics for prakash

Question

Consumer Watchdog says that Google should be scrutinized by U.S. and European antitrust
Regulators (like India’s Competition Commission) because it is abusing its dominant position in online search by directing users to its own services. The claim is that Google has grown a large
market share in online maps, video, and comparison shopping because its search engine
highlights links to these products in search results. Google says its goal is to give users the
information they are seeking, in the format required, as quickly as possible.
Evaluate Consumer Watchdog's claim about Google’s market power. What role, if any, do Regulators have in curbing the market power of firms and why is it desirable?
minimum 2000 words

Answer 1

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