[Global Insight] Are big tech firms too powerful to regulate?

Do the tech industry’s four most powerful players - Amazon, Apple, Facebook, and Google - have too much power?

These tech titans attended a congressional hearing last week, where lawmakers tried to find out whether they have used unfair business practices to stifle smaller competitors to maintain their monopoly of the markets.

The fact that they hold massive amounts of data on people's lives, businesses and other information that they've accumulated over the years, also adds to concerns over their capacity to influence users in their favor.

But at the same time, hundreds of millions of people use and benefit from these services every day,... and it's unclear where we should draw the line.

We discuss the power of big tech companies today with William E. Kovacic, Professor of law and policy, George Washington University and former chairman, U.S. Federal Trade Commission. How are you today?

We also connect with Luigi Zingales, Finance professor at the University of Chicago Booth School of Business. It's great to see you. And we are also joined by Hemant Bhargava, Technology management chair at the University of California - Davis.