How do you design regulation that holds the giants accountable, doesn't impair smaller companies' ability to enter/innovate in the space, and isn't quickly corruptible by the (well-resourced) companies you are trying to control?
We're better served by breaking them up and enforcing and strengthening the pro-competition laws on the books. The government has a pretty mixed record with regulating industry, and a far more impressive record of investigation, enforcement, and prosecution - corporate break-ups are far more in the wheelhouse. Regulation requires constant vigilance, whereas a breakup is self-executing once the case is won.
It's not anti-success rhetoric, so much as an acknowledgement that tech has become increasingly concentrated and anti-democratic. The Sherman Act was passed in 1890 - these aren't "knee jerk" solutions - they've worked effectively in the past to curb corporate abuses.
We're better served by breaking them up and enforcing and strengthening the pro-competition laws on the books. The government has a pretty mixed record with regulating industry, and a far more impressive record of investigation, enforcement, and prosecution - corporate break-ups are far more in the wheelhouse. Regulation requires constant vigilance, whereas a breakup is self-executing once the case is won.
It's not anti-success rhetoric, so much as an acknowledgement that tech has become increasingly concentrated and anti-democratic. The Sherman Act was passed in 1890 - these aren't "knee jerk" solutions - they've worked effectively in the past to curb corporate abuses.