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What planet is this from where Tech Goliaths face any kind of "reckoning"? What they are facing is a man-child who feels as though they don't fawn over him enou
by pryce 7y ago
What planet is this from where Tech Goliaths face any kind of "reckoning"? What they are facing is a man-child who feels as though they don't fawn over him enough, who is making noise to injure share prices to compel them to do what he wants, while simultaneously making clear that -should he be sated- he will make his 'concerns' over monopolistic business practices swiftly evaporate.
Neither party here is guided by principles about monopolistic business practices.
Regulating monopolistic business practices is incredibly difficult to achieve in even a stable regulatory climate by genuinely interested lawmakers and regulators. In a White House environment driven primarily through personal animus, this shares vastly more in common with a shake-down than with small-business emancipation.
- jaggednad 7y agoWhile I agree with you re trump’s motivations, it’s also true that the leading democrats are making similar statements about regulating/breaking up big tech (for better reasons). It seems that, in this time of hyper partisan polarization, one of the few things the two major parties agree on is a hatred of big tech. That’s a bad place for big tech to be in. While agree big tech, especially Facebook, are no angels, it’s tragic that big tech is catching so much flack while the big banks and hedge funds, whose crimes are far, far worse, seem to be forgotten.