In the U.S to this day, should have regulated capitalism, As stated in There’s No Limit to Google’s Market Power by Dietrich Vollrath,”A monopoly lowers your consumer surplus because it has market power that determines how close the actual price gets to the maximum prize you’ll pay...Because of this market power, Google is capable of charging a price for their services close to the maximum price that its customers will bear, limiting consumer surplus...But the future loss of consumer surplus due to a lack of competition is perhaps even more costly...” This means that consumer surplus, which is the contrast between the shopper’s willingness to pay for a product and the actual price paid by them, was affected by monopolies making reducing the
