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NYU Professor: 'Too Much Power' in Hands of 4 Major Tech Companies --- 'At Some Point Referees Need to Step in, Throw a Yellow Flag'

NYU Professor: 'Too Much Power' in Hands of 4 Major Tech Companies --- 'At Some Point Referees Need to Step in, Throw a Yellow Flag'

Wednesday on Fox News Channel’s “Tucker Carlson Tonight,” NYU marketing professor Scott Galloway followed up on his Esquire magazine piece calling on the break-up of the four major tech companies: Amazon, Apple, Facebook and Google.

Galloway explained to host Tucker Carlson that although those companies had done nothing wrong, the tech economy needed to be “oxygenated” given the difficulties small companies have for growth and big companies being “euthanized” with the current structure.

Galloway said while these companies offer a net benefit to the consumer, they may not be providing the maximum possible benefit.

“In the case of Facebook, you have two companies that control almost all traffic and all e-commerce and your presence on the web.

And so, if it’s not a monopoly, it’s a monopsony, and advertisers have no choice.

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