Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In
Allow me to temper some of the glee exhibited in the comments and even in some of the reports but a key line here is:<p><i>"The divvying of antitrust enforcement does not mean that the agencies have opened official investigations"</i><p>It is worth keeping in mind that antitrust enforcement in the US doesn't care about whiny competitors but if the enduser and customer is harmed and it doesn't appear to be the case when it comes to any of these corporations.<p>This whole thing is terribly misguided, there is a long list of companies and markets worthy of antitrust scrutiny and these tech companies if they are on that list then they are at the very bottom of it. The real drag on the economy are the high prices of healthcare and housing, there is also the case that ISPs have obvious monopolies and are providing inferior products and services and the list goes on.<p>The role of the media here shouldn't be ignored, they coined the term "big tech" to conjure negative associations and they continuously publish alarmist coverage about any combination of these firms, they also stand to benefit if any enforcement action were to occur.