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60 Minutes – How Did Google Get So Big?

60 Minutes reports on the power of Google, a company whose critics say has stifled competition – “This past week the Federal Trade Commission was asked to investigate the data collected by Google on its Android operating system, which powers most of the world’s smartphones. It was a tiny blip in the news cycle but another sign of Washington’s and Europe’s growing concerns about the enormous, largely unchecked power accumulated by tech giants like Facebook, Amazon and Google over the last two decades. Of the three, Google, which is part of a holding company called Alphabet is the most powerful, intriguing, and omnipresent in our lives. This is how it came to be. Most people love Google. It’s changed our world, insinuated itself in our lives, made itself indispensable. You probably don’t even have to type Google.com into your computer, it’s often the default setting, a competitive advantage Google paid billions of dollars for. No worry. Google is worth more than three-quarters of a trillion dollars right now and you don’t get that big by accident..

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