Google has a pretty impressive position in the online ad market, too — almost 30 percent, by some estimates. But that's not a monopoly, and its closest competitor, Facebook, is not far behind. Moreover, both are facing stiff competition for those dollars from other tech firms.

Is Google a monopoly?

Google slammed for 'monopoly power' in new antitrust lawsuit from 35 states. ... On Thursday, a group of 38 attorneys general announced a bipartisan lawsuit against Google, alleging the company has engaged in “illegal, anti-competitive conduct” to create a monopoly in search and search advertising.

Is Google a monopoly or oligopoly?

Google (GOOG) has become a monopoly in Internet searching, but other than this segment, it is not a monopoly. Using Google to navigate the web remains the preferred method by which most people find information online. However, Google is far from a monopoly in terms of the entire gamut of Internet services.