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Time to break up Google?

tech monopoliesI ran across this really nice written article on the state of tech dominance from the NY Times – “Is it time to break up Google?“. It essentially argues that Google, Amazon and Facebook have become natural monopolies and we continue at our peril if we don’t do anything.

A couple of points that caught my eye:

  • While profits have soared at the tech companies, revenues for newspapers and music companies have fallen by 70% since 2001
  • Newspaper publishers have lost over 50% of their employees between 2001 and 2016

Worth a read.

 

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