The Intelligence from The Economist

Facebooklets: breaking up Big Tech

Nov 4, 2019
Ludwig Siegel, U.S. technology editor for The Economist, and Miranda Johnson, Southeast Asia correspondent, explore the ambitious plans of politicians like Elizabeth Warren to dismantle big tech companies. They discuss the complexities of breaking up giants like Facebook and the historical impacts of antitrust cases. Johnson shares insights on the urgent threats facing coral reefs in Southeast Asia due to climate change and pollution, while drawing lessons from historical leaders to underscore the importance of organizational culture in modern business.
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INSIGHT

Big Tech's Dominance

  • Big tech companies like Amazon, Apple, Facebook, and Google have achieved massive market values and reach billions of users.
  • Some argue their size stifles competition and exploits user data.
ADVICE

Warren's Proposal

  • Elizabeth Warren proposes breaking up big tech companies to limit their power.
  • She aims to reverse mergers and prevent platforms like Amazon from selling their own products.
INSIGHT

Breaking Up Big Tech

  • Breaking up large tech companies could increase competition and reduce their political influence.
  • There are two main approaches to address excessive corporate power: breakups or behavioral regulation.
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