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Description: By foregoing some of their dominance in Australia, both will wind up securing monopolies of the world’s online information.

Source: Bloomberg.com

Date: Feb 17, 2021

Link: https://www.bloomberg.com/opinion/articles/2021-02-18/google-and-facebook-lose-a-battle-to-win-the-war

Questions for discussion:

  • According to the article, what is the strategy being used by Google and Facebook in Australia?
  • Do you think this is in fact what these firms are doing and if so, do you think it is a good strategy?
  • What would you advise management?