Xiangyi Ben
Cretin-Derham Hall High School, St. Paul, Minnesota 55116, United States
*Authors to whom correspondence should be addressed.
Received: 2020-12-24 / Accepted: 2021-1-21 / Published: 2021-1-28
DOI: https://doi.org/10.37906/isteamc.2021.4
Abstract Monopoly in the field of Internet business has caused great controversy, and this study addressed this issue by closely examining a typical “big tech”, Tencent, in China’s Internet business, using a case study as a major approach to look into the source of the issue. Through the research, I found that, according to Tencent’s statistics with its positions in the market, its monopoly is a reality, and further analyzed the problems (stifling smaller competitors, exploiting workers, reducing consumer surplus) caused by such a monopoly and cited corresponding governmental policies (laws, regulations, fine), which are founded to be strong and immediate. Based on the findings, some practical implications are offered for both consumers and policymakers.
Research Areas: Social Science
Keywords: Internet monopoly, Regulation, Tencent
