Contrast your selected tech giant’s business approach with that of traditional (i.e. non-tech/non-digital) monopolies, and illustrate, with detailed examples
In 2019, Senator Elizabeth Warren arguing for the breaking up of Big Tech said: “Today’s big tech companies have too much power —too much power over our economy, our society, and our democracy. They have bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation.” (Warren, 2019) **Warren, E. (2019, Mar 8). Here is how we can break up Big Tech. Medium. Retrieved Nov 23, 2020, from https://medium.com/@teamwarren/heres-how-we-can-break-up-big-tech-9ad9e0da324c Research and draft an essay that either agrees or disagrees with Warren’s characterization of Big Tech.
You must select and develop only one position and substantiate it with detailed examples. the objective of the essay is to accurately evaluate data relationships, patterns, and trends using a structured process and analysis of multiple sources of available information, to arrive at informed conclusions that are persuasive or at least thought-provoking, i.e. Able to tailor communication approach to meet the diverse needs of a broad audience. To that end, students must select and research only one Big Tech company from the following list: Facebook, Amazon, Apple, Google, Microsoft, Baidu, Alibaba, Xiaomi, Huawei or Tencent.
(a)Contrast your selected tech giant’s business approach with that of traditional (i.e. non-tech/non-digital) monopolies, and illustrate, with detailed examples, how your tech giant is or is not a monopoly or a different type of monopoly to the one described by Warren
b)Examine, with detailed examples, the amount of global and/or domestic competition faced by your tech giant to define the extent of its dominance.
(c)Discuss and explain, with detailed examples, how and why the company is promoting or stifling innovation.