Why the big tech companies should be broken up

Rather than wait and be at the mercy of regulators, the big tech companies should begin the process of breaking themselves up, says Matthew Lynn.

951-amazon

Amazon would thrive after a shake-up

The calls for the big tech companies such as Amazon, Facebook, Google and Apple to be split apart grow ever louder and more ferocious. It's an issue that has found rare cross-party consensus in the US, and the EU has already imposed massive fines for market dominance on the tech firms, and there is plenty of discussion about forcing them to split off whole units. It remains to be seen what happens.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.