Maybe it's really time to break up the post-industrial monopolies: Don Pittis - News Summed Up

Maybe it's really time to break up the post-industrial monopolies: Don Pittis


Yesterday, Murdoch's News Corp added its voice to complaints that tech giants, including Google, Amazon, Facebook and Apple, have become too dominant in the sectors they control. "To remedy these harms, Google could either sell Google Search, or retain Google Search and divest the rest of its businesses to a third party." But as in previous U.S. "antitrust" moves to break up monopolies in the oil, steel, transport and retail sectors, business can also benefit from splitting up monopolies into smaller parts. U.S. Sen. Elizabeth Warren has been front and centre with her plan to break up the tech giants to help not just consumers but other businesses. One is that as global companies, Google and its ilk are no longer under the sway of any single government.


Source: CBC News March 13, 2019 07:52 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */