Big Tech now has reason to fear a Democratic victory

Big Tech now has reason to fear a Democratic victory
Mark Zuckerberg and a like-minded friend

[Ed. – Careful what you wish for.]

Silicon Valley has long been in the camp of the Democrats — a place where candidates could reliably raise lots of moneydeliver keynotes at technology conferences and pick the brains of the tech elite over dinner. This year, however, the most powerful of those executives should probably be rooting for Donald Trump’s reelection. If Joe Biden wins the presidency — and the Democrats take the Senate — it’s going to be lights out for Big Tech.

Not literally of course. But the antitrust sword that has been hanging over the four tech monopolies — Apple Inc., Facebook Inc., Amazon.com Inc. and Alphabet Inc.’s Google — is far more likely to drop if the Democrats are in charge than if the Republicans retain power. This was made abundantly clear on Tuesday, when the antitrust subcommittee of the House Judiciary Committee released a 449-page report excoriating the four companies. …

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