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Antitrust Crackdowns On Big Tech Won’t Help Consumers

In the heyday of the net-neutrality fight last decade, tech activists and companies warned of a doom scenario without it: Internet toll lanes, blocking of data and slower speeds.

If Washington didn’t reclassify internet service providers as public utilities and give the Federal Communications Commission oversight, they argued, our entire online experience would change for the worse.

Now, five years after FCC chair Ajit Pai repealed net neutrality, online speeds are achieving record highs, more Americans are online than ever before, and the internet economy has become a dominant force in American society. It’s more open than ever.

Forever restless, however, many of these same activists have chucked aside the net-neutrality battle flag for a new political fight: using antitrust laws to break up and restrict innovative tech companies.

Rather than soothsaying a despotic online future, today’s activists and politicians lament the multiple “tech monopolies” and their apparent control of our lives and data.

The most severely targeted companies are Amazon, Meta Platforms, Google and Apple, which together provide a suite of products and services that employ tens of millions of Americans, are used by an overwhelming majority of internet users, and provide value to countless entrepreneurs and firms that rely on them.

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