Collins | Is The Antitrust Free Ride Over For Big Tech?
Facebook and Google lead the media industry as companies being most heavily targeted by the FTC, Congress and even the Biden Administration. The central question at the heart of scores of lawsuits files in the past year: Have companies such as Amazon, Apple, Facebook, Google, and Microsoft become too powerful, and do they exercise anticompetitive practices?
By Mary Collins | May 14, 2021 | 5:28 a.m. ET.
In 1978, Robert Bork, who was then a professor at Yale Law School, wrote
The Antitrust Paradox, which argued that antitrust enforcement should focus primarily if not solely on whether consumers were helped or hurt, even more than whether a proposed merger diminished competition. Since that time, a time in which regulators prohibited common newspaper and broadcast ownership in the same market, limited the number of broadcast outlets under one owner, and regulators broke up AT&T, the pendulum has swung the other way. S