Google Faces Antitrust Scrutiny in Canada: What’s Next?
- Forecast for 6 months: In the next 6 months, we can expect Google to face increased scrutiny from regulatory bodies in Canada and the United States. The company may be forced to make concessions, such as selling its advertisement tech tools or restructuring its business practices, to avoid further penalties.
- Forecast for 1 year: Within the next year, we anticipate a significant shift in the online advertising landscape. Google’s competitors, such as Amazon and Microsoft, may gain market share as consumers and businesses become increasingly wary of Google’s dominance. This could lead to a more competitive market and potentially lower prices for advertisers.
- Forecast for 5 years: In the next 5 years, we predict that the online advertising industry will undergo a significant transformation. The rise of alternative platforms, such as blockchain-based advertising networks, could challenge Google’s dominance and create new opportunities for smaller players. Additionally, regulatory bodies may impose stricter regulations on Google and other tech giants, leading to a more level playing field.
- Forecast for 10 years: Looking ahead to the next 10 years, we envision a world where Google is no longer the dominant player in online advertising. The company may have been broken up or significantly restructured to address antitrust concerns. This could lead to a more fragmented market, with multiple players competing for market share. As a result, consumers and businesses may benefit from increased innovation and lower prices.
Tags: blockchain, business, industry, innovation
