Europe and America are taking on the tech giants. Britain needs to join the fight | Will Hutton

Europe and America are taking on the tech giants. Britain needs to join the fight | Will Hutton

4 years ago
Anonymous $rxtAWepgzY

https://www.theguardian.com/commentisfree/2020/oct/18/europe-and-america-are-taking-on-the-tech-giants-britain-needs-to-join-the-fight

The government is a bystander to attempts to break up the Facebook, Amazon, Google and Apple monopolies

It’s time to address monopoly capitalism and, in particular, monopoly data capitalism, which has been turbo-charged by Covid-19, forcing the world to live and work online. A Joe Biden presidency – increasingly likely – and an EU unhampered by British reluctance to do anything bold to reform or even tax a monopolistic private sector are set to make common cause. They will act in sync to attack the now bewildering monopoly power of the hi-tech giants by tackling its foundation – the simultaneous owning of pivotal digital platforms and the unbridled provision of the services on them.