US: Apple’s cofounder agrees with breaking up big tech

Apple cofounder Steve Wozniak has added his voice to the calls to break up big tech, and even said he wishes Apple had broken up its business.

Speaking to Bloomberg, Wozniak said that there is a tendency for big tech companies to abuse their monopoly power.

“I am really against monopoly powers being used in unfair antitrust manners, not opening up the world to equal competition, using your power in unfair ways, and I think that’s happened a lot in big tech and they can get away with a lot of bad things,” said Wozniak.

“A company that has a strong presence in one market using that presence to grow another market is sort of unfair,” he said, adding that he’s “pretty much in favour of looking into splitting up companies.” 

“I wish Apple on its own had split up a long time ago and spun off independent divisions to far away places and let them think independently the way Hewlett Packard did when I worked there,” he said. Hewlett Packard split its business in 2015, dividing its printer and PC business (HP) from its data storage and enterprise business (HPE). 

Full Content: Bloomberg

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