Google isn't a monopoly in the Standard Oil sense of the term. Its ad revenue is big because it occupies so much user attention. I actually think many suggested remedies would actually make Google more profitable. For example, prohibiting Apple-Style search deals would mean that Google gets a smaller amount of traffic, but that traffic would come with zero cost. That could end up being more profitable. A similar argu…
87% of Googles revenue in 2023 was advertising. $265 billion. They hold more than 80% market dominance in all markets they compete in. https://www.statista.com/statistics/266249/advertising-reven...
Facebook has >$100B ad revenue [1]. Does that compete with Google? Reasonable people can probably disagree about exactly how much so. From an advertisers perspective they compete for the same marketing budget, but from a consumers point of view they feel like different products.
Things get even more tricky when we compare YouTube to TikTok, or Amazon search result ads to Google search ads.
https://www.statista.com/statistics/544001/facebooks-adverti...