Bill Gates doesn’t think it’s a good idea to break up the biggest US tech companies, reported Bloomberg.
The Microsoft co-founder and former chief executive officer battled the Justice Department for years in the late 1990s in a bruising antitrust case.
At issue was the software giant’s bundling of its Internet Explorer browser with Windows as a way to maintain its dominance in PC operating systems. Ultimately, Microsoft remained intact.
According to Bloomberg, Microsoft is one of the few big US technology companies not under regulatory scrutiny in Washington. The Justice Department, the Federal Trade Commission, state attorneys general, and a congressional committee are all scrutinizing Big Tech companies from Alphabet’s Google to Facebook and Amazon, that Washington has concluded have gotten too big and too powerful.
Sen. Elizabeth Warren, a presidential candidate, has made a forceful and detailed plan about how she would go about breaking them up.
Gates however said, “You have to really think; is that the best thing?” in an interview on Bloomberg TV. “If there’s a way the company’s behaving that you want to get rid of, then, you should just say, ‘OK, that’s a banned behavior.’ But splitting the company in two, and having two people doing the bad thing — that doesn’t seem like a solution.”
Full Content: Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Turkey Ends Meta Investigation Over Threads and Instagram
Dec 8, 2024 by
CPI
Supreme Court to Hear CCI Petition on Amazon, Flipkart Antitrust Cases
Dec 8, 2024 by
CPI
Senators Urge Antitrust Probe Into FanDuel and DraftKings
Dec 8, 2024 by
CPI
Novo Holdings Secures EU Approval for $16.5 Billion Catalent Acquisition
Dec 8, 2024 by
CPI
US Appeals Court Upholds TikTok Divestment Law, Paving Way for Potential Ban
Dec 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Moats & Entrenchment
Nov 29, 2024 by
CPI
Assessing the Potential for Antitrust Moats and Trenches in the Generative AI Industry
Nov 29, 2024 by
Allison Holt, Sushrut Jain & Ashley Zhou
How SEP Hold-up Can Lead to Entrenchment
Nov 29, 2024 by
Jay Jurata, Elena Kamenir & Christie Boyden
The Role of Moats in Unlocking Economic Growth
Nov 29, 2024 by
CPI
Overcoming Moats and Entrenchment: Disruptive Innovation in Generative AI May Be More Successful than Regulation
Nov 29, 2024 by
Simon Chisholm & Charlie Whitehead