globalEDGE Blog Podcast

Big Tech Breakup?


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In the culmination of technology’s expansion, four companies have been placed above the rest as a result of their substantial growth: Apple, Amazon, Google, and Facebook. Due to each companies’ vast role throughout our world’s markets, the four businesses have been labeled as Big Tech when referenced to. Although the expansion of these companies may seem positive for the global economy, their industry dominance is perceived by many as the exact opposite. By becoming market leaders throughout the tech industry, the companies have forced out many other competitors leading to a tremendous decline in competition. If antitrust regulators would’ve noticed this issue sooner, they could've acted on laws that would have restricted each company’s growth. Instead, the public’s concerns for the market have increased, and many feel that the government must intervene in order to break up Big Tech.
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globalEDGE Blog PodcastBy globalEDGE