WPP chief Sir Martin Sorrell: Google and Facebook should worry about government regulation [The Business Insider]
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Source: The Business Insider
WPP chief Sir Martin Sorrell: Google and Facebook should worry about government regulation WPA Pool/Getty Images WPP CEO Martin Sorrell believes that Facebook and Google have a reason to be worried. In a conversation with best-selling author and long-time New Yorker columnist Ken Auletta at Advertising Week in New York, Sorrell said that the possibility that the two companies would face government regulation cannot be ruled out. "I think they do," he said, responding to Auletta's question about whether the companies needed to worry about the government. "No sovereign state will let a company become worth $1 trillion." The WPP chief has referred to Facebook and Google as his "frenemies" time and again, saying that they needed to embrace their roles as media companies, and not merely technology companies. But, off late, the tremendous pressure on the companies had made them more of "flexible friends," he said. This, according to him, was because of the considerable pressures they we
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