More Than Half of Every Dollar Spent Online Goes to Amazon or Google

More Than Half of Every Dollar Spent Online Goes to Amazon or Google

The data comes from a USA Today analysis of the largest internet companies in the Russell 3000, an index representing large and midsize publicly traded firms in the U.S. Just five companies — Amazon, Google, Facebook, eBay, and Liberty Investments, owner of your favorite home shopping network, QVC — control 70 percent of the online economy. Netflix, considered a dominant player in the internet sector, is still a relatively paltry earner, garnering just 2.1 percent of the Web’s spending.

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