The villagers are marching with their torches and pitchforks. Big tech companies are in trouble.
The government is coming to regulate them.
Someone leaked a draft of an executive order from President Trump. It calls on various agencies to use all current laws to look into possible anticompetitive practices by Facebook and Google.
In fact, the EU already fined Google $5 billion in July for “abusing the market dominance of Android.” And now they’ve set their sights on how Amazon uses customer and seller data.
Elizabeth Warren wants to force Amazon to choose between providing a platform for sellers and selling goods. Echoing European Union regulators, she says Amazon has an unfair advantage by competing against the same sellers it collects information from on its platform.
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