Mar 29, 2019
Google, Facebook, Amazon & co: Should we break them up?
A growing chorus of people think the big beasts of the tech world - Apple, Google, Facebook and Amazon - are getting too big for their boots and should be dismantled. The total bill now stands at more than €9bn. But, as many point out, even if Google ever pays the bill, it's a relatively small slice of the company's cash reserves, which currently exceed $100bn. Some think mega companies become "Too big to innovate" and simply snaffle up ground-breaking start-ups. Even if you do think breaking up big tech is the way forward, Prof First says your options are sorely limited. US competition law makes it very hard for courts to find a legal basis on which to justify splitting up a large company, he explains.
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