Google continues to widen their reach when it comes to offering its own services to visitors. Google used to simply be a search engine that would organize and serve information from across the web to its audience. Times are changing, quicker than I have ever seen, and Google wants to be in control of more transactions online. Many of their efforts have not come into fruition…yet, but they could very easily. They now serve up movie times (sorry Fandango and Hollywood.com). They started to offer up MLS listings (sorry real estate search sites) It was recently announced that they are going to compete with Lending Tree by offering up loan quotes to their audience. They are one of the main reasons why the Yellow Page books are glorified doormats with the efficiency of their local search platform. The list goes on.

In many ways, what they have done is good, as it puts the competition on its toes. But I am starting to lose sleep (and I am sure many other are) in the fact that they could turn a switch and be the only business, in business, for many industries. How, you ask?

80% of people find business, ideas, movies, restaurants, plumbers, through the search engines. Google owns almost 70% of the search space. So in essence, they control which sites people go to 55% of the time. They decide where people will go, what companies they will do business with. That is some really crazy power.

What if Google decided that CitySearch was too close of a competitor to Google Local? If they removed them from their index, Citysearch would be impacted to the point that the probably wouldn’t be around in 2 years. Citysearch is not, and never will be a destination website, they are only used when someone needs to find something in a particular city. I would venture to guess that a lions share of their traffic comes from the organic and sponsored results from Google. If Google removed them, Citysearch dies.

Google could do this same thing to many huge online companies. Wikipedia, gone without Google. Local.com, gone without Google. Lending Tree, gone (or at least severely impacted) without Google. I could create a list of thousands of companies, big ones, that would die if Google decided so.

What about retail? I don’t know how you can quantify it in terms of actual dollars, but Google decides where billions of dollars are spent online. With the exception of Amazon and some big offline brands, Google, for the most part, dictates where someone is going to make a purchase. If they decided to form a true competitor to Amazon, they could and within a year in business would probably have the same revenues as Amazon.

This is a monopoly. Quite possibly the biggest monopoly the world has ever seen. A monopoly way beyond a search engine. It is a monopoly on business in general. The government must see it, investors must see it. Google could very easily be a threat to business more than it is an asset.

What would your business do if Google simply did not let you or your competitors compete? I get sick just thinking about that.

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