Big Tech is becoming a problem
The Left’s cause du jour is “monopolies.” Well, not monopolies, necessarily. The new line is that it’s inherently problematic when even as many as three or four companies dominate an industry, and that the government needs to take action, pronto.
This is an overreaction, as Robert D. Atkinson and Michael Lind have explained in this space (“The Neo-Brandeisian Attack on Big Business,” October 2, 2017). In many cases it’s actually better, for workers and consumers alike, to have a few big, highly efficient companies duking it out with one another than to have hundreds of tiny ones fumbling around in the marketplace.