Google, as a company, just keep going from strength to strength. They hire the best people, have a strong leadership team and have the capital to do almost anything they set their efforts to.
Coupled with the fact that their search engine is one of the most advanced yet elegantly designed search engines out there means it's very unlikely anyone will ever overtake them. That doesn't mean it's impossible; if a competitor can find a way to do what google does better, or revolutionise the way search engines work in a way that massively effected functionality for the better, they could start gaining on them, but the increase in ease-of-use or search effectiveness would have to be incomprehensibly large.
Even then, Google has such a lead and such financial advantages they'd almost certainly just buy the fledgling competitor outright and implement the technology into Google - destroying the competition.
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