25-03-2018 14:14 via theguardian.com

Is it time to break up the tech giants such as Facebook? | Larry Elliott

Amazon, Facebook and Google are as dominant as Standard Oil and AT&T were. But breaking them up is not going to be easyIn the first decade of the 20th century, Standard Oil was as mighty as the tech giants of Silicon Valley are today. The company had grown from a single refinery in Cleveland in 1863 to produce 87% of all US refined oil output. In 1911, the supreme court decided that Standard Oil was in breach of anti-trust legislation passed by Congress and ordered that the company be broken
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