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Homework answers / question archive / Governments have been debating the question of whether or the tech giants should be broken up in order to limit their monopoly power
Governments have been debating the question of whether or the tech giants should be broken up in order to limit their monopoly power.
This question requires you to pick a tech giant and to produce an opinion article for a newspaper explaining why you think it should not be broken up.
Pick only one of the following nice tech giants for your opinion article: Facebook, Amazon, Apple, Google, Baidu, Alibaba, Microsoft, Xiaomi or Tencent.
In your opinion article, you should address the following issues:
(a) Examine the amount of competition faced by your tech giant in order to define the limits of its dominance. If you can show that it faces substantial domestic and/or global competition, you may be able to weaken the case for breaking it up. (25 marks)
(b) Illustrate some of the ambitious innovation initiatives that your tech giant is currently pursuing. If you can show that your tech giant is still innovating aggressively, you may be able to weaken the case for breaking it up. (25 marks)
(c) Develop arguments to show why breaking up your tech giant would limit its efficiency and its ability to pursue bold and aggressive innovation schemes. (25 marks)
AMAZON
Answer for a:
As we all know that these days and from the past few years Amazon is growing aggressively in many categories. For example clothing skin care beauty products electronics and even many home essentials etc.
Although it has faced very big competition with other tech giants and worked on it to smoothen the things. The big competitors of Amazon is Flip kart, Snap deal etc as they provide huge discounts and sale on products. Amazon decided to start quarterly , festival and new year sale to increase its business. So basically Amazon is number one tech giant which cannot be broken up as it is trusted by large number of population worldwide.
Answer for b:
Amazon has always been on front to innovate something new which has been interesting and useful to everyone. The best innovations of Amazon are Alexa the speaker, watch movies and westerlies at comfort of your home and also it has huge number of employment opportunities in various categories such as tec, sales support delivery options etc. I has also given an option of one day delivery for the people who has prime membership so the needful can get their essentials within a day or two. Most recent innovation of Amazon is Amazon pantry line which will deliver groceries and general store items. In this pandemic this innovation of amazon is very helpful to many of the houses who cannot go out to pick the groceries and daily essentials. Amazon is moving forward very fast it has been innovative aggressively as you can see in the above statement.
Answer for c:
Breaking up Amazon would limit not only its abilities and efficiency to pursue bold and aggressive innovation schemes but also it affects our economy, society and our democracy. It will be a great issue if these tech giants like Amazon breaks up as these tech giants make consumers lives better by offering huge discounts sales and fast deliveries. Amazon have lowered the prices of products and services to consumers and provided marketing platforms for small businesses at lower costs.Breaking them would not only level the playing field but also route profit back to other businesses.As Amazon gives opportunities to small businesses to sell their product through marketing it on amazon website it acts as broker between the consumer and the business owner.
Hence from all the above conversation or statements conclude that breaking up the tech giants of the country whether it is Google Amazon or any other it will not only effect the tech giants but also it will affect the countries economy, society and the consumers as these tech giants are so giant that they are spread all over the world.