Economic Affairs: The growing battle against big tech

The likes of Facebook, Apple, Amazon and Google are no longer viewed as corporate paragons

Break them up - that is what should be done to big technology companies such as Facebook, Amazon, Apple and Google, according to many lawmakers and activists in places where these firms have their biggest markets.

On both sides of the Atlantic, regulators are gunning for big tech. The European Union, which has been more active so far, has imposed hefty fines on Google, Apple and Amazon for anti-competitive practices. It has passed tough data privacy laws. Recently, it accused social media platforms of falling short on their promises to combat fake news before the European Parliament elections last month.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Straits Times on June 12, 2019, with the headline 'The growing battle against big tech'. Print Edition | Subscribe