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The New Age of Capitalism

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David Grossman tells ten stories which help explain the world of contemporary capitalism.

The New Age of Capitalism: Trillion Dollar Companies

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21/09/2018

Trillion Dollar Companies

BBC Radio 4 - The New Age of Capitalism, Trillion Dollar Companies

Should we be concerned about the size and power of the tech giants?

Should we be worried about the size and power of tech giants like Amazon and Apple?

Should we be concerned about the size and power of the tech giants? Both Amazon and Apple have become the first companies in history to be valued at more than a trillion dollars each.  There are fears this dominance, particularly by technology companies including Facebook and Google, could lead to monopolies which hurt consumers. The advent of these trillion dollar valuations comes as a growing number of critics begin to ask if it is time for regulators to step in and either cut the technology firms down to size, or break them up altogether. Adam Lashinsky, author of 'Inside Apple', joins Barry Lynn, executive director of the Open Markets Institute to debate whether the market or the government will decide the future of these companies.
Presenter: David Grossman
Producer: Matthew Chapman

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