Shares of Big Tech firms got hit with a bit of antitrust angst last week, tumbling on news that they could face scrutiny over their dominant competitive positions in digital markets. Apple Inc. (AAPL), Alphabet Inc. (GOOGL), Amazon.com Inc. (AMZN) and Facebook Inc. (FB) lost a combined total of $140 billion in market capitalization on Monday, as the Department of Justice (DOJ) and the Federal Trade Commission (FTC) get set to begin their investigations. But contrary to the pessimism of the markets, New York University marketing professor Scott Galloway believes that breaking up Big Tech could be a boon for shareholders, according to Barron’s.
If big tech companies are split up, shareholders could benefit
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