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Have penalize google for abusing its market position this time it concerns its ad since service the program pursuer types the purchase of advertising space related to searches that take place on third party websites chief among the e.u.'s objections is that it prevents the websites from displaying ads from google's rivals. google is why was they were unable to grow and compete and as a result it sounds well websites owners websites had limited options for sending advertising space under those websites and were forced soon only to rely on google and as a result from that google then they did fr...

Google is rivals they were unable to grow and compete and as a result of that route websites owners websites hat limits its options for sending appetizing space on those websites and were forced soon only to rely on google and as a result from that it's good then they did from network effects and became even stronger christian european regulators have been keeping a close watch of the google for years back in two thousand and seventeen the company was fined some two point four billion euros for discriminating against rival comparison shopping services then last year it was hit with a record fo...

Statistics that were just used. >> do you think it's fair to say, would you agree that the historical elves of concentration that we are seeing in many parts of the economy -- technology in particular -- is potentially detrimental to competition? in general, but it is something that is with screwed messing and being concerned about if one is concerned about free, fair, and open competition? >> you said the size? >> yes, historic levels of concentration. >> what i'm concerned about are the network effects that are now at work, where they are so powerful that particular sectors could essentially...

Economy is detrimental to competition? it is potentially and in general but it is something that is worth scrutinizing being concerned about, if one is firmed about free fair and open competition? >> you said the size? >> yes, historic levels of concentration. >> the thing i'm concerned about are the network effects that are now at work. where they're so powerful that particularly sectors could essentially be subsumed into these networks. they're just very powerful network effects because of the size. >> yes, i see my time is almost expired, thank you, mr. chairman. >> thank you, mr. chairman....

Facebook saying this is what it would we're talking about still push there is also some discussion now about whether facebook and the other big titans of tech amazon google have gotten too big for their britches whether we have seen a cartel ization of the digital economy on the basis of what's called network effects that in fact these companies become much more attractive the more users that they have a question would be will we see antitrust measures coming in future even the economist has warned that they could be on the way i think that that's a real possibility my i was going to ask the q...