Wall Street Journal: Google’s ‘Monopoly’ Hex, Joshua Wright and Geoffrey Manne noted for paper “If Search Neutrality is the Answer, What’s the Question?”

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L. Gordon Crovitz: Unlike regulators, few in Silicon Valley see the giant as an unstoppable force. Regulators abhor a vacuum, so it is fitting that on this month’s 10th anniversary of the antitrust judgment against Microsoft, the Federal Trade Commission alerted Google that it’s now under investigation as a monopolist. Considering how much intense competition Microsoft has faced for years, a government claim of monopoly is best understood as a hex—and a lagging indicator that, to the contrary, Google has passed its greatest point of market power.  http://online.wsj.com/article/SB10001424052702303365804576433960915570474.html

 

 

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