Big Tech monopolies need to be broken up and regulated, says business professor Scott Galloway

Описание: Business professor Scott Galloway says Big Tech firms have gotten too powerful, crushing smaller competitors and warping the entire technology sector with their control over major platforms. “If you own the rails you’re not supposed to be competing with the end destination," says Galloway, a professor of marketing at NYU Stern. The CEOs of Amazon, Google, Facebook and Apple were grilled recently by lawmakers in Washington over their anti-competitive practices, part of a growing chorus of voices demanding antitrust action against the tech behemoths. Galloway says the online companies should be split up into several smaller firms, while Apple needs to be much more tightly regulated.

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