Google And Facebook’s Next Big Fight

guest · Feb 18, 2019

Google And Facebook’s Next Big Fight
The EU regulator nicknamed “Mr. GDPR” wants to go way beyond privacy and into antitrust.
The linking of these two things should worry the tech giants.
February 18, 2019
https://www.bloomberg.com/opinion/a...google-face-another-costly-battle-with-europe

Regulators are hitting the likes of Alphabet Inc.’s Google and Facebook Inc. with a flurry of antitrust fines and data-privacy probes, implying that they regard tech billionaires as more John D. Rockefeller than Nikola Tesla.

There’s a connection between this dominance of Big Tech – which is proven by the decline in venture-capital financing for upstarts, as my colleague Noah Smith has written – and harm to consumers.
The EU view is that the “free” price tag of social media and apps is not a public good if it’s underpinned by a business model that hoovers up data from users without consent.

The recipe for fixing things, according to Buttarelli, is threefold. He wants more competition through antitrust enforcement, more data protection through GDPR, and more fairness and transparency for customers from the tech giants themselves.
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bellgamin · Feb 18, 2019

Grrreat! Neither of those 2 clunx are allowed on my computer except where it's automatic & unavoidable. I love duckduckgo, by the way.

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