Business Standard

Break up tech giants? No, just level the field

Facebook, Google and Uber should be held to the same rules as older rivals

Break up tech giants? No, just level the field
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The business model of Google and Facebook pits them squarely against media companies

Leonid Bershidsky | Bloomberg
People in the US, not just in the European Union, are finally getting worried about tech sector leaders’ market dominance and the political power it confers. Unfortunately, the solutions gaining traction are the kind of anti-monopoly regulations that address the symptoms of the problem, not its root cause.

Some 45 per cent of American adults get news from Facebook. Google’s search market share in the US approaches 86 per cent. About 43 per cent of all online retail sales in the US last year went through Amazon. So no wonder people get concerned when Facebook reports that, during the US presidential

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