PBS NewsHour

Why tech industry monopolies could be a 'curse' for society

Clip: 01/17/2019 | 9m 11s

In the early 20th century, Standard Oil was broken up because of its vast power. Today, many think Facebook, Google or Amazon present similar threats, but they proceed unchallenged. In "The Curse of Bigness," law professor Tim Wu argues that America has abandoned antitrust enforcement and left us with an economy dominated by de facto monopolists. Economics correspondent Paul Solman reports.

Aired: 01/17/19

Rating: NR

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