The Problem of Bigness: From Standard Oil to Google

@article{Lamoreaux2019ThePO,
  title={The Problem of Bigness: From Standard Oil to Google},
  author={Naomi R. Lamoreaux},
  journal={Journal of Economic Perspectives},
  year={2019}
}
  • N. Lamoreaux
  • Published 3 July 2019
  • History
  • Journal of Economic Perspectives
This article sets recent expressions of alarm about the monopoly power of technology giants such as Google and Amazon in the long history of Americans’ response to big business. I argue that we cannot understand that history unless we realize that Americans have always been concerned about the political and economic dangers of bigness, not just the threat of high prices. The problem policymakers faced after the rise of Standard Oil was how to protect society against those dangers without… 

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