Youtube doesn’t have a large competitor challenging it for market share like other major companies do. There are plenty of streaming services, but YouTube is the only game in town when it comes to people generally browsing video content and following their favorite creators.
Coca-Cola has Pepsi. McDonald’s has Burger King. Toyota has Honda. Why doesn’t YouTube have one?
In: Economics
There are lots of technical answers, but the correct answer is that Google’s business model is to buy their competitors and create a functional monopoly in all of their main services — web search, ad sales, maps, web-based email, hosted video, etc.
A federal judge just yesterday found that their practices of paying other companies to make Google/Chrome the default is an action that makes Google an illegal monopoly.
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