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
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?