Creative destruction, not government intervention, will ‘fix’ Big Tech
Some regulation is necessary, but political interference to break up industry behemoths could be counterproductive
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BREAK up Big Tech? Pandering politicians in the United States of America, Asia and Europe say the sector’s behemoths are too dominant and require a regulatory crackdown.
European politicians yapped endlessly about Big Tech “fixes” during the run-up to the European Union (EU) elections. America’s looming November vote fans “break up the monopolies” blabbering.
It is all nonsense.
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