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Google CEO recognizes concerns about data monopoly

Sundar Pichai tells Nikkei that company will take a 'long term approach' on China

Google's chief executive, Sundar Pichai, speaks to the Nikkei at the company's headquarters in Mountain View, California, on Sept. 29.

PALO ALTO -- Google Chief Executive Officer Sundar Pichai has told Nikkei that he recognizes the growing concerns over the so-called "new monopoly" of data, wealth and talent wielded by information technology companies.

On China, where Google shut down its search engine in 2010 over censorship issues, he said the company is taking a "very long term approach" in a country with the largest online population in the world.

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