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Involuntary breakup of IT giants expected in coming years, says special envoy


Specifically, this may pertain to Facebook breaking up into several companies, the envoy said
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MOSCOW, April 19. /TASS/. The forced break-up of IT giants is predicted to take place in several coming years, Special Representative of the President of the Russian Federation on Digital and Technological Development Dmitry Peskov said on Monday at a TASS press conference.
We expect and forecast antimonopoly procedures in large numbers and the break-up of the biggest technology platforms in the US, China and Russia, Peskov noted. The demerger of IT giants is our major forecast for the next several years, he said.
Specifically, this may pertain to Facebook breaking up into several companies, the envoy said. ....

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