Antitrust-worthy
Google can’t stop catching antitrust cases: the search giant is now battling Fortnite maker Epic Games over its Play Store in court, while simultaneously defending ongoing monopoly allegations from the Justice Department in Washington.
Antitrust laws exist to stop companies from dominating the market to the detriment of consumers, and the US population is — for the most part — right behind them, with some 69% of Americans “strongly or somewhat” supporting the competition-encouraging legislation, according to recent YouGov data.
The size paradox
Although the election cycle will likely bring about much talk of small business as “the backbone of the American economy”, and see politicians make various promises to keep bigger corporations in check, there’s a discrepancy at the heart of the business size debate.
The same survey also reveals a classic paradox of the big vs. small argument: we love small businesses, but we also can’t get enough of the lower prices offered by industry behemoths. Indeed, while Americans view smaller companies more positively in environmental, ethical, and even wider economic terms, they just can’t compete against the titans on prices, with 44% of Americans agreeing that big companies charge less.