Antitrust actions against big tech are now palatable
|Toronto Star 18 Mar 2019 at 11:55|
SAN FRANCISCO â€” A decade ago, when the greed and carelessness of the financial industry came close to destroying the U.S. economy, the overwhelming response by politicians and the public was: Meh. Almost instantly, all was forgiven and forgotten.
Now the tech industry â€” which, among other impressive innovations, provides the worldâ€™s knowledge on demand, lets people freely broadcast their diverse opinions and has made shopping as easy as pushing a button â€” has made some mistakes of its own. It has abused privacy, squeezed the competition and casually spread hate. And thatâ€™s just the beginning of the list.
Sen. Elizabeth Warren of Massachusetts speaks at a campaign rally in New York, March 8, 2019. Warren has called for breaking up the largest tech companies.Â Â (GABRIELA BHASKAR / The New York Times)