Business Standard

Big Tech's big worries: Why are govts everywhere out to de-fang FAANG?

So far, there seems to be limited debate about their activities in India, where virtually all FAANG companies have teamed up in different ways with India's most powerful businessman, writes T N Ninan

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T N Ninan
If there is one thing other than the pandemic that has marked the epochal year that is drawing to a close, it is a changed attitude to a once almost universally admired set of companies that are loosely clubbed together as tech giants — Facebook, Amazon, Apple, Netflix and Google, or FAANG. Governments on both sides of the Atlantic seem set on tackling what they see as predatory business practices, tax avoidance and misuse of data, all of it flowing from excessive corporate power in “winner-take-all” or “platform” businesses like search, online shopping and digital ads.
 
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Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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