Competition Policy and Outlook Publication

body: The body didn't even name any companies in the relevant chapter of its World Economic Outlook publication, according to The Guardian. Yet even this tentative talk might encourage policymakers to take competition policy, as it applies to big tech, more seriously. Or, more accurately, it would be worried about the effects on innovation and growth if US tech giants' market power were to continue to rise in the future . The IMF's analysis is a long way from being a radical proposal to break up Amazon, Facebook and Google, as advanced by the US senator and presidential candidate Elizabeth Warren. When the IMF says there is a possibility that successful tech titans could seek to block potential rivals, most of us would say it's already happened. Facebook did much the same with Instagram in 2012, then bought Whats App in 2014. Google bought You Tube in 2006 when the video-sharing service was less than two years old. (news.financializer.com). As reported in the news.