Igor Bubelov About Blog Photos

U.S. Justice Department Sues Google

October 26, 2020

https://www.justice.gov/opa/pr/justice-department-sues-monopolist-google-violating-antitrust-laws

Capitalism is a beautiful thing, but it’s just a tool and every tool has its purpose. We use this tool to better our lives, and it works most of the time. Countries that have free markets are wealthier, healthier and happier than their more restrictive and authoritarian peers.

Google was a force for good once but not anymore. It stopped contributing to our well-being, and now it just breaks the rules to satisfy its hunger for ever-increasing profits. We need to take down that beast, and I’m glad U.S. Justice Department realizes that.

Surprisingly, some people I know still support Google on the grounds that suing it would somehow damage the market and so its anti-capitalist. I believe it’s not the case. As Milton Friedman wisely noted, people find it hard to separate pro-business and pro-market actions. Trillion-dollar corporations don’t need our support, they have enough money to defend themselves fairly. Not supporting a dirty business isn’t anti-market. I’m still surprised people confuse those things.