Larry Elliot: Is it time to break up the tech giants such as Facebook?

The United States has been promoting monopolies for decades. This has been supported by a perversion of free market economics: monopolies provide cheaper prices and thus benefit consumers. Maybe at the till, but what about workers, suppliers, and the environment? The price  – and a very high one it is – is simply being paid elsewhere. As Larry Elliot points out in his piece, Google and facebook do not even charge their customers for their services.

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