The underlying “big is bad” arguments with respect to Google are invalid as well, leaving aside the fact that software is made out of ones and zeros and barriers to entry are as low as a dorm room with an Internet connection.
That’s because antitrust proponents presume to replace today’s competitive dynamism with an even greater “monopoly” than Google—a powerful FTC with authority over the entire Internet and commercial sector. That is an offense to principles of free enterprise that exposes the notion that antitrust proponents abhor bigness or concentration of power. They in fact embrace power, not merely economic but coercive and unearned.
Image source: Google, with a little help from MSPaint
Was Eric Schmidt defending Google or Bing in his testimony to Congress on Wednesday?
Google’s chairman mentioned Microsoft’s search engine 11 times in his speech, praising it in every instance. He noted how Bing has “continued to gain…