Critics claim big tech companies like Amazon, Facebook and Google have become monopolies, and that the Federal Trade Commission should break them up—a sentiment shared by the new FTC chair. But IPI Research Fellow Bartlett Cleland explains that monopolies tend to limit choice and disregard consumer welfare, whereas these companies have greatly expanded choice and enhanced consumer welfare.
July 8, 2021
Big Tech Companies Benefit Consumers, Monopolies Don't (Audio: Podcast)
2021_07_08 Big Tech Companies Benefit Consumers