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Does Google Have Too Much Money?
September/October 2009 (vol. 29 no. 5)
pp. 6-7
Shane Greenstein, greenstein@kellogg.northwestern.edu

For some time the blogosphere has made a ruckus over Google's growing power in the commercial Web. Such concerns probably would have arisen even if the world's developed economies were not in the midst of a painful macroeconomic nadir. In such dismal conditions, however, this extraordinary young firm's wealth makes it a natural target for envy and scrutiny. Is it a problem when a fabulously wealthy firm uses its money to explore grand new projects? If there is an economic problem, it is this: the firm has too much money.

Index Terms:
Google, commercial Web, Web applications, economics, Google Books
Citation:
Shane Greenstein, "Does Google Have Too Much Money?," IEEE Micro, vol. 29, no. 5, pp. 6-7, Sept.-Oct. 2009, doi:10.1109/MM.2009.84
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