Is 85 % a Monopoly?

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Luke johnson: 85% of a market is a monopoly. What is i boute best of definition in search, gogle is a monopoly? Atis ae, illusionalist. Tey don't think it is. Amazon takes 50 % of all ecomes sale. Their abuse of created content. It's their infringement of copyright. It's the a deliberate addiction of users that i think it's so unhealthy. And all the business about and, you know, bu africa and things is a sort of distraction. It's, is its a joke. It's a joe. O eot, let's be clear. You're a professor of competition law.

With so much data and power centralised in the hands of a few West Coast companies, the tech giants have become a serious threat to our basic freedoms and must be broken up. That’s the argument that was made at this major Intelligence Squared debate by the FT’s global business columnist Rana Foroohar and by businessman and former chairman of Channel 4 Luke Johnson. But others would argue that it’s all too easy to make the tech giants a scapegoat for the inevitable upheavals caused by the digital revolution. The real winners of this revolution are not the tech companies but us, the users. Who could now imagine living without the services of Amazon, Apple, Google, Facebook and Microsoft? That’s the case that was made in our debate by former head of Facebook’s European politics and government division Elizabeth Linder and competition law expert Pinar Akman. Who's right and who's wrong?

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