Over the past decade, US Big Tech has revolutionized the internet economy, but allegedly abused its dominance. In June 2019, the antitrust enforcers agreed to focus on Google, Apple, Facebook and Amazon while dividing responsibility over investigations. It exceeds $9 trillion: Apple, ($2.4 trillion), Microsoft ($2.2 trillion), Google ($1.8 trillion), Amazon ($1.7 trillion) and Facebook ($1 trillion). In the United States, antitrust law emerged with industrialization, income polarization and Big Business in the late 19th century. But since US tech giants reign over the global technology sector, their dominance does warrant greater scrutiny.

Source: Manila Times October 03, 2021 15:32 UTC