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Tag: monopoly

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Iran Sanctions Relief Will Break Russia’s Gas Monopoly

With sanctions about to be lifted, Iran unveiled a “new model” for a 25-year joint-venture oil and gas production contract on terms favorable to foreign companies in an effort to recruit $100 billion in foreign capital to break Russia’s natural gas monopoly in Europe.

AP Photo/Jens Meyer, File

Google’s Endgame Is a Single Perfect Search Result

Google’s entire multi-billion dollar software utopia is designed to find the perfect search result. Back in 2005, before American and European Union government regulators painted Google as a monopoly, now-chairman Eric Schmidt was quite open about the search giant’s endgame.

AP Photo/Jens Meyer, File

European Union Accuses Google Of Anti-Competitive Practices

The European Union has been involved in what seems like a permanent investigation of Google for abusing its search-engine dominance. There is a certain through-the-looking-glass quality to Reuters’ report on the latest developments, as Google is punished with anti-competitive regulations for allegedly engaging in anti-competitive practices.