Republican presidential candidate Mark Sanford doesn’t think the issue of regulating Big Tech will be easy to conclude, reported Fox News.
The range of issues vary in the investigations of “Big Tech,” ranging from anti-competitive practices to how their advertising unfairly affects small businesses. There are also privacy issues at play here, something Sanford is separating from the current issue of antitrust which is propelling the investigations.
On “Big Tech,” Sanford doesn’t necessarily see an easy solution to hammer out the problems that have been spawned from this still-emerging industry.
“If you look at the whole, certainly the Judiciary Committee is piling on and they are joining [dozens of] other state attorneys general on this whole antitrust questions but I would simply say if you look at the history of these things, the first antitrust suit against IBM was actually filed in 1968,” Sanford told FOX Business.
“And if you look at  with the creation of the ‘Baby Bells’ and some of what happened with AT&T, this stuff is slow-moving whether it is on the IBM front, the AT&T front. Because what you have to do, from the standpoint of antitrust, is to prove harm to the consumers.”
Full Content: Fox Business
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.