They are two of the most astonishing success stories in the history of capitalism.
In the space of a few years, Google and Facebook have amassed a collective market value of nearly $US1 trillion ($1.3 trillion), and created a global duopoly in digital advertising that looks unassailable.
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John McDuling is National Business Editor for The Sydney Morning Herald and The Age. Connect with John on Facebook and Twitter.
Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
