Antitrust should take the initiative to control the size of big tech companies.
Big tech companies are threatening democracy— according to Columbia Law Professor Tim Wu, author of The Curse of Bigness.
In an interview last year with Wired Magazine, Prof. Wu, who coined the term “net neutrality,” explains that the tech sector “was traditionally the most decentralized, most innovative part of the economy.” Yet it has become a place “where people want to just build companies to get bought by Facebook,” which has acquired at least 92 companies since 2007. He argues that big tech firms should be broken up by antitrust.
By contrast, Richard Epstein, Professor of Law at NYU and a Senior Fellow at the Hoover Institution, believes that Prof. Wu’s proposals will do net harm.
On Monday, March 9, Tim Wu will take the affirmative, and Richard Epstein the negative, on the resolution, Antitrust should take the initiative to control the size of big tech companies.
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