It’s going to be a five part series this week, here’s part one.
From it:
The largest beneficiary of online arbitrage is Google, which continues to leverage the basic behavior of people searching for things to drive ever more valuable commercial services; in fact, each Google application which leverages their core algorithmic platform effectively buys low and sells hi. This is probably why Google refuses to disclose much to investors, or why it provides far less information to advertisers than virtually any other online media network. Google does not want anybody to know how it arbs search behavior for increasing returns.