2. Outline
1.Introduction: Definitions & Examples
1.Impact: Positive & Negative
1.How can tech monopoly affect different people?
Can we easily escape from it?
1.Should those company be condemned for their market power?
1.Conclusion
3. Definition
A monopoly that occurs when a single firm controls the core
manufacturing methods of a certain product, or has the exclusive rights
over the technology used to manufacture the product.
A monopoly in the production process.
4. Definition of Technology Monopoly
Companie with technology monopoly:
● solely control a particular technology
● take a significant portion of the market related to that technology
● have a dominant position over their competitors
Main reason: strong intellectual property protection.
9. ● Innovation
● Efficiency
Tech monopolies innovate
by investing in research and
development
Tech monopolies drive
efficiency and innovation in
e-commerce and search
engines.
Positive
Impact
10. Impact on user privacy:
With vast amounts of user data being
collected, there are concerns about how this
data is being used and the potential for it to
be misused or hacked.
Lack of competition:
This can also have a negative
impact on small businesses that
struggle to compete with larger
players.
Negative
Impact
● Impact on
user privacy
● Lack of
competition
12. The reach of tech
monopolies and how they
affect different populations
Tech monopolies have a massive reach
and influence over our lives.
13. Less developed areas Developing areas
• Have limited access to the internet
• May not be able to afford the latest gadgets
and devices
• Disadvantage for coming to accessing
information, education, and job
opportunities.
• More likely to use the products and services
of tech monopolies
• Benefit from the convenience and efficiency
of tech monopolies
• Be more aware of the potential downsides
17. Arguments for condemning tech
monopolies:
1. Stifling competition: Tech monopolies have the
power to stifle competition and prevent smaller
companies from entering the market.
2. Privacy concerns: Tech monopolies collect vast
amounts of user data, which can be used to track
and target individuals and compromise their
privacy.
3. Political influence: Tech monopolies can using
their vast resources to sway policymakers and
shape public opinion.
18. Arguments against condemning tech monopolies:
1. Consumer benefit: Tech monopolies often provide
services that consumers find valuable, such as search
engines, and e-commerce platforms.
2. Innovation: Tech monopolies have a strong
incentive to invest in innovation to maintain their
dominance, which can lead to significant
advancements in technology and consumer benefits.
3. Natural market forces: Tech monopolies may arise
as a result of natural market forces, such as network
effects or economies of scale, and may not
necessarily be harmful to consumers.
19. Government regulation
Governments have begun to implement stricter regulations around tech
companies, particularly with regard to data privacy and and anti-competition.
Antitrust laws
Antitrust laws have been used in the past to break up tech monopolies that were
deemed to be too powerful, or prevent them from stifling competitions.
Competition policy
Governments can promote competition by supporting smaller tech companies,
providing funding and resources for startups, and creating a more level playing
field in the market.
Consumer education
Educating consumers on the implications of using tech products and services from
dominant companies can help promote competition and innovation.
Potential
Solutions
