Bell Ringers

Bell Ringer: Monopolies and Large Tech Companies

Monopolies and Big Tech Companies

New York University Professor Scott Galloway talked about the idea of big technology companies like Amazon, Apple, Facebook and Google being considered monopolies. He discussed the idea of breaking up these companies to increase innovation and competition.

Description

New York University Professor Scott Galloway talked about the idea of big technology companies like Amazon, Apple, Facebook and Google being considered monopolies. He discussed the idea of breaking up these companies to increase innovation and competition.

Bell Ringer Assignment

  • What are the benefits of large technology companies?
  • What arguments does Professor Galloway make for breaking up these large tech companies?
  • According to Professor Galloway, how can competition be beneficial for consumers?
  • Based on this clip, in what ways do these large tech companies have 'monopoly-like power?"

Additional Resources

Participants

    Vocabulary

    • Capital
    • Competition
    • Consumers
    • Ecosystem
    • Innovation
    • Monopoly
    • Platform
    • Stakeholder

    Topics

    Economics & Financial LiteracyScience & Technology

    Grades

    High SchoolUniversity