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The Case for Breaking Up Amazon, Apple, Facebook and Google

By Esquire

Four companies dominate our daily lives unlike any other in human history. The only logical conclusion? We must bust up big techRead full story

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  • The Vampire Squid returns. It’s a compelling case that these companies are in fact functioning as monopolies, but are still avoiding regulation because they are not technically defined as such. The legal definition of “monopoly” needs to adapt to a digital world.

  • Ben Wright
    Ben WrightBusiness Editor at The Telegraph

    A sign of the times. First Goldman Sachs was labelled a “vampire squid” by Rolling Stone. Now Esquire is giving Big Tech the cephalopod treatment. Interesting argument as to why Silicon Valley giants should be broken up including some astonishing stats.

  • Think about this fact from the article “Amazon, with a market cap of $591 billion, is worth more to the stock market than Walmart, Costco, T. J. Maxx, Target, Ross, Best Buy, Ulta, Kohl’s, Nordstrom, Macy’s, Bed Bath & Beyond, Saks/Lord & Taylor, Dillard’s, JCPenney, and Sears combined.” Does this mean that regulation is the answer? No. Market forces will take time to break these up, but it will happen.

  • David Dembowski
    David DembowskiSVP, Media Sales & Business Development

    While most of these companies print money (save amazon) they also trade a huge multiples. Beyond the monopoly these poses a huge risk to our economic system.

  • Sopiea Mitchell
    Sopiea MitchellCEO at 3toZEN

    A long, but compelling read. Google=brain, Facebook=heart, Amazon=large intestine, and Apple=groin...I never thought of it this way...very enlightening.

  • Nicholas Finegold
    Nicholas FinegoldFounder at Curationcorp.com

    They will not be broken up but they will be forced to open their data up to other companies who will be allowed to mine their previously monopolistic knowledge about consumers. This is already happening to the banks in Europe to allow fintech start ups to compete , consumers can opt to give up their data to new entrants and the banks have to pass it on. Also software platforms will continue to evolve in a way where revenues are split or owned by the consumers ( eg Facebook watch, you tube etc )

    They will not be broken up but they will be forced to open their data up to other companies who will be allowed to mine their previously monopolistic knowledge about consumers. This is already happening to the banks in Europe to allow fintech start ups to compete , consumers can opt to give up their data to new entrants and the banks have to pass it on. Also software platforms will continue to evolve in a way where revenues are split or owned by the consumers ( eg Facebook watch, you tube etc )

    Amazon is the only company that actually presents a physical barrier to entry the others, FB, Google and Apple are really just software packages , phones are a commodity.

  • Author of “The Four”, Scott Galloway’s timely piece on Esquire. The short summary video in the article was helpful to get a big idea.

  • omg lol😂😂

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