Will Antitrust Action Against Big Tech Resolve Anything?
Being a big company is not a crime. What problem are we trying to fix?
Well, it was bound to happen eventually. After near three years of all-out rhetorical war against tech giants, for politically-shifting sins including bigness, too much censorship, not enough censorship, data hoarding, and being too irresistible, policymakers are ready to move beyond cheap talk and start slapping wrists—or more.
Specifically, regulators and Congress recently announced new antitrust scrutiny against Silicon Valley. The House Judiciary Committee cheerfully launched a "bipartisan investigation into competition into digital markets." Nothing...