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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: gg cox who wrote (72553)2/17/2010 5:12:23 PM
From: Maurice Winn1 Recommendation   of 74559
 
Swarms of companies and people are using Google's services to enable things you describe. zenbu.co.nz uses Google to provide Street View, high resolution satellite views, maps and with GPS and Google Latitude, a virtual representation of the 3D world is rapidly developing.

Here's the whining Vodafone CEO complaining about Google having a virtual monopoly. That's richly ironic and cynical of him because Vodafone has a vastly superior monopoly position. In NZ they have enjoyed duopoly pricing for decades [with Telecom] in mobile phones though that's now shared with a new minor company.

itproportal.com

<The Chief Executive Officer of Vodafone, Vittorio Colao, has voiced his concerns over the limited competition in the fast growing mobile phone advertising market, which is currently dominated by search engine giant Google with a massive 80 percent market share.

Speaking at the World Mobile Congress trade show in the Barcelona, the Vodafone chief said that currently the online mobile advertising market had three major players, namely, Google, Yahoo and Microsoft, of which two have also ventured into the mobile phone market as well. He said that the advertising market, although still growing at an impressive rate, was limited to only these three companies. He also added that this kind of near monopoly environment was not healthy for a business to grow in.

Mr. Vittorio, explaining the implications of such an environment, said in his key-note speech that “I think its important the European Commission and to some extent the Federal Communications Commission (FCC) in America, should examine the whole value chain and ensure the rules they put in place really enable competition at all levels.”

itproportal.com
>

Vodafone should have their greedy profits taken down a peg or two before anyone bothers annoying Google.

Mqurice
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