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Breaking up Big Tech: you’re doing it wrong
- Tuesday | 2nd April, 2019
Senator Elizabeth Warren wants to break up Big Tech companies – but her plan for doing so seems focused on the wrong problems. Put simply, splitting up a Big Tech platform company isn’t that straightforward compared to breaking up a 1980s telco monopoly. The real antitrust issues with Big Tech lie in areas such as digital advertising and contracts (i.e. Senator Warren has been talking about this for a couple of years, but now that she’s running for President, she’s put forward an actual proposal, which you can read here. None of this is to say Big Tech firms don’t engage in anti-competitive behaviour, writes Thompson, but if a forced break-up is the remedy, Warren’s proposal mostly focuses on the wrong things.
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