Monday, June 24, 2019
Reich: Break up Big Tech
Just like any big business the tech giants are forming oligopolies that eliminate competition and don't compete with each other but rather conspire to fix prices, sell private information, buy protective legislation and kowtow to government surveillance. If we want truly competitive, innovative, free markets--and democracy too by the way--we have to break up all oligopolies, including Big Tech. But that is definitely not what big business and their legislative cronies want.