Bill Gates: if we break up Big Tech, we'll just have more bad companies

In an interview with Bloomberg, Bill Gates dismissed the idea of breakups as a remedy for Big Tech's monopolistic market concentration; Gates said that breaking up an abusive company will just produce more abusive companies. Instead, Gates believes that specific monopolistic activities should be banned. Read the rest

Tim Wu rebuts Zuck's reasons for exempting Facebook from antitrust enforcement

Competition scholar and cyberlawyer Tim "Net Neutrality" Wu's (previously) latest book is The Curse of Bigness: a tight, beautifully argued case for restoring pre-Reagan antitrust approaches. Read the rest

Why is there so much antitrust energy for Big Tech but not for Big Telco?

I'm 100% down for the trend toward trustbusting, and I'm very glad to see it applied to Big Tech, because, like Tom Eastman, I'm old enough to remember when the Internet wasn't a group of five websites, each consisting of screenshots of text from the other four. I'd like to have that Internet again. Read the rest

Spotify's antitrust complaint against Apple is a neat parable about Big Tech's monopoly

Spotify has asked the EU Commission to intervene in its business relationship with Apple, citing the fact that Apple takes a 30% vig on all customer revenues from people who join the service or buy songs through an Iphone app, while Apple's own competing Itunes store does not have to pay this commission. Read the rest

One company bought all the retail outlets for glasses, used that to force sales of all the eyewear companies and jacked up prices by as much as 1000%

If you wear glasses, you might have noticed that they've been getting steadily more expensive in recent years, no matter which brand you buy and no matter where you shop. Read the rest