Rethinking the definition of a monopoly
A company exhibits anti-competitive behavior if it takes actions that block actual or potential competitors. But today’s tech giants rely on “network effects” which make it hard for newcomers to build their own critical mass of users, effectively acting as anti-competitive barriers. At the same time “network effects” also create significant efficiencies.
Network Effects, Big Data, and Antitrust Issues For Big Tech
By: Timothy Taylor – Journal of Economic Perspectives
Some info on the tech giants in the US
Amazon
Google
Apple
Facebook
Some info on employment at the tech companies
