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Chapter 7 Telecommunications, the Internet, and Wireless Technology: What difference would it make to a business...

Chapter 7 Telecommunications, the Internet, and Wireless Technology:
What difference would it make to a business or to an individual consumer if Apple, Google, or Facebook dominated the Internet experience? Explain your answer.

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Solution :-

  • Apple, Google or Facebook are currently pioneers in their respective field.
  • Each of the company has their strengths and weakness.
  • From these companies whoever dominates will have a wide range control over user data and access to content and how to use and interact with computers.
  • As far as individual consumer is concerned they would be forced or restricted to buy only one product and use one service.
  • These three companies would create a monopoly and on a positive note a standard would be created.
  • Also as there would be no one to compete the quality would be affected and the prices would be as high as possible.
  • As of now it is too early to say which company from these three would dominate the internet experience but there should be competition instead of just one market leader who will monopolize the market.
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