The confljct between Microsoft and Google, as chronicled by Tim Wu in "Father and Son," might be described as a textbook case of dueling monopolies-two companies vying to control an ever larger share...


The confljct between Microsoft and Google, as chronicled by Tim Wu in "Father and Son," might be described as a textbook case of dueling monopolies-two companies vying to control an ever larger share of their industries. How might Stiglitz desciibe the conflict between these two giants? To what extent do their activities quaiif,, as genuine rent seekingcompletdy, or, to some degree, or not at all? Would it be fair to describe Google as engaged in a struggle against monopoly-co demibe it, in ocher words, as a hero of equality and f r eedom? Or is Google simply crying to protect a monopoly of its own? In what ways does Wu's narrative complicate Stiglicz's analysis? Does it prove or disprove the claim chat markets sometimes fa.ii ro make life better fur most members of society?



May 21, 2022
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