OPINION

Antitrust laws need a rethink

News, Editorial, Published on 04/08/2020

» Big Tech roared back into the headlines last week after US President Donald Trump declared that Washington would ban the Chinese video-sharing platform TikTok. The sudden announcement came just days after the US House Judiciary subcommittee grilled four tech chiefs -- Google's Sundar Pichai, Amazon's Jeff Bezos, Apple Inc's Tim Cook, and Facebook's Mark Zuckerberg -- in a marathon five-and-a-half-hour antitrust hearing. The US-based firms, worth nearly US$5 trillion (156 trillion baht), stand accused of stifling competition and establishing "monopolistic" dominance.