Wednesday, June 05, 2019
Big Tech is in a crisis, whether it appreciates it or not. The government is after them. The Justice Department, regulators and Congress have all begun investigations into whether large technology companies are monopolizing the internet. Some would predict their days are numbered but it is early in the game yet. There is a chance of turning things around if the companies work with the government to find solutions to their enormous market share. Still, Nancy Pelosi might be right. The era of self-regulation might be over. It might be a question of soft control rather than dismantling the web giants. But it could go either way, and lobbyists have their work cut out for them. If Democrats are in the ascendancy in 2020, chances are high for stringent regulation or charges of monopoly.