A large majority of Americans believe Facebook has “too much power” but many would be disappointed if the social networking giant disappeared, a survey showed Monday, March 2.
The “tech trust survey” for online technology news magazine The Verge found 72% thought Facebook’s power was too extensive, even if their overall views of the company were mixed.
Nearly half of the 1,123 respondents expressed concerns over how Facebook handles private user data, the December survey showed. But 55% responded that they would be disappointed if it disappeared.
There were a range of views, sometimes contradictory, on Big Tech, which has drawn increasing scrutiny for dominating key economic sectors, with antitrust probes in several parts of the world underway.
Roughly nine in 10 said they had “favorable” opinions of firms such as Google, Netflix, and Microsoft. The percentage was 80% for Apple, 71% for Facebook and 61% for Twitter.
A majority said Google, Amazon, Microsoft, and Apple had a “positive” impact on society, but only 40% said the same for Facebook.
Full Content: The Verge
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
DOJ and FTC Introduce Website for Reporting Anti-Competitive Healthcare Practices
Apr 18, 2024 by
CPI
US Congress Advances Legislation to Compel TikTok Sale
Apr 18, 2024 by
CPI
UK Financial Sector Advocates Enhanced Regulatory Accountability
Apr 18, 2024 by
CPI
Google and All 50 States Defend $700 Million Consumer Settlement
Apr 18, 2024 by
CPI
Colorado Enacts First Law to Protect Consumer Brainwave Data
Apr 18, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – China Edition – Year of the Dragon
Apr 16, 2024 by
CPI
Review Logic and Rules for Concentrations of Undertakings that Do Not Meet the Standard of Notification
Apr 16, 2024 by
CPI
China’s Review of Semiconductor Transactions
Apr 16, 2024 by
CPI
Key Challenges and Tips for Merger Control Filing in China for Listed Companies
Apr 16, 2024 by
CPI
Key Point Review: China SPC Antitrust Judgments in 2023
Apr 16, 2024 by
CPI