I suspect it’s because they left the tech sector alone for too long and now major damage control is needed.
It seems like laws and politicians are always a little late to the game with regulations on new technology because they don’t fully understand a new technology or its implications until it’s been on the market for a while.
Unfortunately, that means by the time the technology’s implications have been determined, a lot of damage can have already been done.
I think, similarly, politicians were not examining the tech sector closely when it came to acquisitions; but they realize, now, that they let it fester a little too long.
Hopefully the FTC continues to break up any monopoly it can identify (tech or otherwise), but there’s certainly a lot of work to be done.
I suspect it’s because they left the tech sector alone for too long and now major damage control is needed.
It seems like laws and politicians are always a little late to the game with regulations on new technology because they don’t fully understand a new technology or its implications until it’s been on the market for a while.
Unfortunately, that means by the time the technology’s implications have been determined, a lot of damage can have already been done.
I think, similarly, politicians were not examining the tech sector closely when it came to acquisitions; but they realize, now, that they let it fester a little too long.
Hopefully the FTC continues to break up any monopoly it can identify (tech or otherwise), but there’s certainly a lot of work to be done.