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Here Are All the Reasons It’s a Bad Idea to Let a Few Tech Companies Monopolize Our Data

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Facebook, Google, Amazon, and companies like them are “data-opolies.” They control a key platform, which like a coral reef, attracts to its ecosystem users, sellers, advertisers, software developers, apps, and accessory makers. But is it ok for a few firms to possess so much data and thereby wield so much power? In the U.S., at least, antitrust officials so far seem ambivalent about these data-opolies. They’re free, the thinking goes, so what’s the harm? But that reasoning is misguided. Upon closer examination, data-opolies can actually be more dangerous than traditional monopolies. They can affect not only our wallets but our privacy, autonomy, democracy, and well-being.

Competitive strategy Here Are All the Reasons It’s a Bad Idea to Let a Few Tech Companies Monopolize Our Data by Maurice E. Stucke March 27, 2018 James Graham/Getty Images Post Post Share Save Get PDF Buy Copies Print Summary . Facebook, Google, Amazon, and companies like them are “data-opolies.” They control a key platform, which like a coral reef, attracts to its ecosystem users, sellers, advertisers, ... more Leer en español Ler em português Post Post Share Save Get PDF Buy Copies Print “It’s no good fighting an election campaign on the facts,” Cambridge Analytica’s managing director told a

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