Monopolies Consumers ❤️

The Hill asked me to weigh in on Senator Elizabeth Warren’s proposal to break up America’s biggest and most successful tech companies. I think she makes some valid points about the advantages that each of them have, but the issues with Apple are very different from the issues with Facebook, the Google conundrum is not the same as what’s happening at Amazon. What rule could possibly be written that would address these issues in a targeted way, without a whole host of unintended consequences?

Additionally, consumers say one thing about privacy but then don’t seem to actually care at all based on their own behavior.

Here’s my take:

Actually, consumers love Big Tech, even if they say they don’t (The Hill)

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  1. Monopolies Consumers ❤️ – Financial Solutions commented on Mar 15

    […] The Hill asked me to weigh in on Senator Elizabeth Warren’s proposal to break up America’s biggest and most successful tech companies. I think she makes some valid points about the advantages that each of them have, but the issues with Apple are very different from the issues with Facebook, the Google conundrum is not the same as what’s happening at Amazon. What rule could possibly be written that would … Source: https://thereformedbroker.com/2019/03/15/monopolies-consumers-love/ […]