TECH_ Macron warns that Facebook, Google are ‘too big’ and may get busted up

NEW YORK POST

TECH

Macron warns that Facebook, Google are ‘too big’ and may get busted up

By Christopher Carbone
April 3, 2018 | 11:09am



Composite; Getty Images


Facebook and Google are too big and could ultimately be dismantled, French President Emmanuel Macron said.

Increasingly under scrutiny in the US and Europe, the technology giants have grown to be so large and powerful that they’ve become monopolies, Macron said during an interview published after his appearance at a Paris artificial intelligence event.

“First, they have a very classical issue in a monopoly situation; they are huge players,” Macron said. “At a point of time, your government, your people, may say, ‘Wake up. They are too big.’”

“Not just too big to fail, but too big to be governed. Which is brand new. So at this point, you may choose to dismantle,” Macron continued in the wide-ranging Wired interview. “That’s what happened at the very beginning of the oil sector when you had these big giants. That’s a competition issue.”

READ MORE: https://nypost.com/2018/04/03/macron-warns-that-facebook-google-are-too-big-and-may-get-busted-up/

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“Not just too big to fail, but too big to be governed. Which is brand new. So at this point, you may choose to dismantle,” Macron continued in the wide-ranging Wired interview....

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