If you need evidence that Big Tech firms are starting to worry about the growing movement to diffuse their immense market power, look no further than their newest scare tactic: using China as an excuse to avoid antitrust scrutiny.
Google, Amazon, Facebook, Apple, and the nonprofit proxies they pay to defend them have put a lot of effort into trying to convince America that subjecting Big Tech to more stringent antitrust enforcement or regulation would have dire consequences. They’ve warned that innovation would suffer, but that rings hollow when so many of the new innovative companies are already being bought up (and then often shut down) by Big Tech.
They’ve suggested that antitrust action might result in the loss of the free services we’ve come to depend upon. But how do they call their services “free” when we pay for them by giving them all of our personal data, which they store and monetize, and when they rely on our content to make their platforms valuable in the first place?