It's Time To Break-Up The Data Monopolies
By far, the most important thought piece you may read all week comes to us via MIT Technology Review author Martin Giles, in his superlative article 'It’s Time to Rein in the Data Barons'.
"Making the legal case for breakups will be hard, though, because the internet giants don’t fit the stereotype of rapacious monopolists (emphasis added) that raise prices and squeeze investment. They manipulate markets in a different and seemingly more benevolent way. They’ve become so dominant by developing products and services that many of us want to use. And they gain their immense power through collecting data about our online activity." - via Martin Giles writing at the MIT Technology Review