Jay Friedman is president of Goodway Group.
In this op-ed, he explains why a self-regulated Google — rather than government intervention — is better for both business and consumers.
Government regulation meant to deflate the monopoly could have the unintended consequence of derailing future innovations, meaning everyone loses.
It’s been suggested plenty of times, but Elizabeth Warren officially fired the first shot in what looks to be a sure path toward anti-trust proceedings against America’s largest tech companies, Amazon, Facebook, and Google. I’m sure there were plenty of cheers for Warren’s position, but a self-regulated Google is better for business and consumers.
Consumers have benefitted greatly from Google’s many innovations in mapping, communications, and discovery. But Google has work to do to convince businesses and consumers that its innovations will be used within the guardrails of anti-trust without government intervention. Here are four ways I believe Google can self-regulate their business that will ultimately provide a better benefit to businesses and consumers alike than if the government stepped in.
Create hard walls to limit data sharing
Google’s big advantage is the ability to amass data from such a wide range of products – Google Search, Google Maps, Android, Nest, Google Home, and
Source:: Businessinsider – Strategy