As Big Tech continues to face scrutiny over its handling of consumer data, Microsoft president Brad Smith tells PoppyHarlowCNN why he thinks the US would benefit from privacy laws like GDPR. BossFiles
New York Microsoft president Brad Smith thinks it's time antitrust laws are updated for the digital age.
Rather than the traditional method of calculating a company's market share, Smith said regulators should also consider how much consumer data it possesses when determining whether it is a monopoly. That method could spell trouble for the other tech giants, like Google and Facebook, that are currently facing antitrust investigations in the United States. It would likely have a lesser effect on Microsoft itself.
Microsoft President: We need to rethink monopolies 04:31"President Obama said, 'I have a suspicion that the guns will turn ,'" Smith said."He followed up that statement by explaining that in his view — which I think was also correct — the companies around the table had as much or more data about the American population, [about] people as consumers, than the government did.
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