Monopoly Money: How to Break Up the Biggest Companies in Tech (The Ringer)

The Ringer: Monopoly Money: How to Break Up the Biggest Companies in Tech. “Even if the world’s most powerful companies have amassed monopoly power in certain sectors, regulators must prove that they exert that power in a way that harms consumers or stifles competition. It’s an especially tricky argument to make against firms that offer free or cheap services via the internet. The tech giants, which have largely been allowed to grow unfettered since the Microsoft lawsuit, often argue that a competing option is just a click away. But that reasoning looks increasingly specious in an era when Google functions as a verb, Facebook owns two of the biggest social networks, and Amazon is powering a huge portion of the internet.”