Nicolas Petit, "Big Tech and the Digital Economy: The Moligopoly Scenario" (Oxford UP, 2020)

Nicolas Petit, "Big Tech and the Digital Economy: The Moligopoly Scenario" (Oxford UP, 2020)

Consumers may love their products and services but, among politicians and activists, the big-technology companies are fast developing a reputation as the Robber Barons of the 21st century.

Google recently joined Apple, Amazon and Microsoft as a so-called “tera-cap” – companies valued at more than a trillion dollars. Add Facebook and the five tech giants alone account for a quarter of the S&P500. How have they managed this in such a short timeframe? Their critics claim that Mark Zuckerberg, Jeff Bezos, Sundar Pichai, Satya Nadella and Tim Cook are just digital versions of Henry Ford, Andrew Carnegie, Andrew Mellon, Cornelius Vanderbilt, and John D. Rockefeller – monopolists who control entry nto their markets.

Not so simple, claims Nicolas Petit in Big Tech and the Digital Economy: The Moligopoly Scenario (Oxford University Press, 2020). Concerns about privacy or the dissemination of “fake news” are valid but “looking at these predicaments through monopoly lenses is like using Facebook to get your news. It seems to do the job. But it might well be fake”.

“The picture of big tech firms as monopolists is intuitively attractive but analytically wrong,” he writes. “A better picture is one of big tech firms as moligopolists, that is firms that coexist as monopolists and oligopolists”.

Nicolas Petit is the Joint Chair in Competition Law at the European University Institute and the Robert Schuman Center for Advanced Studies in Florence.

Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(600)

Debarati Sanyal, "Arts of the Border: Fugitive Bodies at Europe’s Edges" (Fordham, 2025)

Debarati Sanyal, "Arts of the Border: Fugitive Bodies at Europe’s Edges" (Fordham, 2025)

Arts of the Border: Fugitive Bodies at Europe’s Edges (Fordham, 2025) investigates the consequences of unfolding catastrophes across the world and the displacement they continue to produce. Through re...

12 Sep 46min

Robert Shum, "Democracy or Carbon Oligarchy?: Climate and Energy Politics between Crisis and Decarbonization" (Palgrave Macmillan, 2026)

Robert Shum, "Democracy or Carbon Oligarchy?: Climate and Energy Politics between Crisis and Decarbonization" (Palgrave Macmillan, 2026)

Democracy or Carbon Oligarchy?: Climate and Energy Politics between Crisis and Decarbonization (Palgrave Macmillan, 2026) tackles a critical question. Why has the world struggled so much to coordinate...

5 Sep 25min

Ukrainian Men Fleeing Conscription: A Discussion with Writer Dan Storyev

Ukrainian Men Fleeing Conscription: A Discussion with Writer Dan Storyev

Our conversation focuses on a groundbreaking article by Dan Storyev recently published in The Nation: “Millions of Ukrainian Men Are Fleeing a Cruel Conscription System.” Storyev was on the ground in ...

27 Aug 48min

Denialism: Polish Style

Denialism: Polish Style

Holocaust distortion in Poland involves reshaping or minimizing facts about the Holocaust, often emphasizing Polish victimhood while obscuring instances of local collaboration, participation, or indif...

22 Aug 1h 9min

Yulia Gradskova et al., "Good Mothers, Nations and Nationalisms: Cases from Lithuania, Russia and Sweden" (CEU Press, 2026)

Yulia Gradskova et al., "Good Mothers, Nations and Nationalisms: Cases from Lithuania, Russia and Sweden" (CEU Press, 2026)

In this episode, host Andrea Talabér (CEU Press, 2026) talks with Yulia Gradskova and Ieva Bisigirskaitė, two of the three authors behind Good Mothers, Nations and Nationalisms: Cases from Lithuania, ...

13 Aug 54min

Bridget Hourican on Frank Callanan's "James Joyce: A Political Life" (Princeton UP, 2026)

Bridget Hourican on Frank Callanan's "James Joyce: A Political Life" (Princeton UP, 2026)

The young James Joyce (1882–1941) was forged in the smithy of Irish political controversies, and he took into his European exile a depth of political insight unrivalled among his fellow modernists. In...

12 Aug 57min

Giulio Boccaletti, "The Environmental Republic: Why Citizens Will Save the World" (Princeton UP, 2026)

Giulio Boccaletti, "The Environmental Republic: Why Citizens Will Save the World" (Princeton UP, 2026)

Republicanism is arguably the most powerful political idea in history, an extraordinary feat of human imagination that balances individual liberty with collective responsibility. The Environmental R...

7 Aug 1h 26min

Georgia Kernell, "Inside Parties: How Party Rules Shape Membership and Responsiveness" (Cambridge UP, 2025)

Georgia Kernell, "Inside Parties: How Party Rules Shape Membership and Responsiveness" (Cambridge UP, 2025)

Inside Parties: How Party Rules Shape Membership and Responsiveness (Cambridge UP, 2025) by Georgia Kernell examines how party rules determine how parties select candidates, nominate leaders, and set ...

6 Aug 48min

Populärt inom Politik & nyheter

svenska-fall
fordomspodden
p3-krim
aftonbladet-krim
rss-krimstad
rss-vad-fan-hande
flashback-forever
aftonbladet-daily
rss-sanning-konsekvens
svd-ledarredaktionen
rss-krimreportrarna
politiken
rss-flodet
en-runda-till
motiv
rss-frandfors-horna
kungligt
omni-podd
rss-klubbland-en-podd-mest-om-frolunda
spar