Tech Giants and Social Media Need Smart Regulation

Jason Furman, The Wall Street Journal |

Photo by Scott Graham on Unsplash

The antitrust cases against Google and now Facebook are a welcome reinvigoration of the government’s power to stop monopolization. The cases, however, aren’t enough. They will become drawn-out legal battles and will likely leave many anticompetitive practices unchanged. The U.S. should complement its litigation approach by following the lead of the British government, which recently announced the creation of a new regulatory body, the Digital Markets Unit, to enforce a code of conduct for the digital economy.


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