The unprecedented power of technology companies is prompting calls for the rethinking of decades-old US antitrust laws focusing on consumer protection
TECHNOLOGY COMPANIES WITH unprecedented power to sway consumers and move markets have done the unthinkable: They've made trust-busting sound like a good idea again. Tweets: @gerrymcgovern , @jaberman , and @dk_munro Tweets: Gerry McGovern / @gerrymcgovern : 90 percent of new online-ad dollars went to either Google or Facebook in 2016 http://www.wired.com/... Jonathan Aberman / @jaberman : The discovery that tech is dominated by monopolies is not news. But the issue is 30 years of legal precedent and conservative judges. You can't just change some regulations or enforce what rules exist. http://www.wired.com/... Daniel Munro / @dk_munro : “Tech companies with unprecedented power to sway consumers and move markets have done the unthinkable: They've made trust-busting sound like a good idea again.” http://www.wired.com/...