Ribera said that divestments, touted by Vestager and the US Department of Justice for the Alphabet Inc unit, are one way of preventing Big Tech firms grabbing too much market power. — AFP
A potential split of Google’s business is still under consideration, according to Teresa Ribera, the European Union’s new competition chief, who also pledged to build bridges with incoming US President Donald Trump.
Ribera, a Spanish socialist who started her five-year term this week, said in an interview with Bloomberg Television that divestments, touted by her predecessor Margrethe Vestager and the US Department of Justice for the Alphabet Inc unit, are one way of preventing Big Tech firms grabbing too much market power.
