Efforts to Break Up Big Tech Companies Would Only Hurt Their Customers, Says Jamison
Big companies like Amazon, Facebook and Google exist because customers like them and government efforts to break them up would be detrimental to users, blogged Mark Jamison, American Enterprise Institute visiting fellow and former member of the Trump FCC transition team. Responding to a new strategy from Senate Democrats about corporate influence over competition, consumer choice and workers' bargaining rights (see 1707240067), Jamison countered that big companies attract competitors and have other positive impacts, and actions to break them up would hamper their business models and hurt customers. Besides, he said, "government attacks" won't alter the underlying economics, which give rise to these big companies.