Summary:
A major reason why Big Tech firms have achieved such scale and become the gatekeepers to entire markets is that they have been able to obscure most of their financial and operating data. There are obvious steps that regulators can take to close the reporting loopholes that the industry has been exploiting....Project SyndicateBig Tech Must Stop HidingMariana Mazzucato, Professor in the Economics of Innovation and Public Value at University College London and Founding Director of the UCL Institute for Innovation and Public Purpose, and Ilan Strauss is a research associate at the University College London Institute for Innovation and Public Purpose
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A major reason why Big Tech firms have achieved such scale and become the gatekeepers to entire markets is that they have been able to obscure most of their financial and operating data. There are obvious steps that regulators can take to close the reporting loopholes that the industry has been exploiting....Project SyndicateBig Tech Must Stop HidingMariana Mazzucato, Professor in the Economics of Innovation and Public Value at University College London and Founding Director of the UCL Institute for Innovation and Public Purpose, and Ilan Strauss is a research associate at the University College London Institute for Innovation and Public Purpose
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Mike Norman considers the following as important:
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A major reason why Big Tech firms have achieved such scale and become the gatekeepers to entire markets is that they have been able to obscure most of their financial and operating data. There are obvious steps that regulators can take to close the reporting loopholes that the industry has been exploiting....Project Syndicate
Big Tech Must Stop Hiding
Mariana Mazzucato, Professor in the Economics of Innovation and Public Value at University College London and Founding Director of the UCL Institute for Innovation and Public Purpose, and Ilan Strauss is a research associate at the University College London Institute for Innovation and Public Purpose