You are here

THE BROAD VIEW: COMMENTARY

Forget AT&T; the real monopolies are Google and Facebook

While Washington frets over an AT&T-Time Warner merger, Silicon Valley giants have taken over the media business.
Saturday, December 17, 2016 - 05:50

BT_20161217_JHMONO17AODGX_2650141.jpg
In the first quarter of 2016, 85 cents of every new dollar spent on online advertising will go to Google (above) or Facebook, according to Brian Nowak, an analyst with Morgan Stanley.

BT_20161217_JHMONO17AODGX_2650141.jpg
In the first quarter of 2016, 85 cents of every new dollar spent on online advertising will go to Google or Facebook (above), according to Brian Nowak, an analyst with Morgan Stanley.

THE proposed merger of AT&T and Time Warner has drawn censure from both sides of the political aisle, as well as a Senate hearing that looked into the potential for the combined company to become a monopoly.

But if we are going to examine media monopolies, we should look first at

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom