Is there such a thing as being too successful, too influential and just too big? We may find out in the months and years ahead as the world’s largest technology and consumer tech companies come under increasingly aggressive antitrust and regulatory scrutiny.
Government efforts to rein in Big Tech have been underway for years, but 2021 is likely to be a watershed moment due to a number of growing pressures. Political, societal and market-based forces are combining to put these companies — Alphabet, Amazon, Apple, Facebook, Microsoft and others — under the microscope.
“The sheer size of these companies means they're going to get a lot of scrutiny from every part of society, including government and regulatory agencies,” explains Mark Casey, a Capital Group portfolio manager who has covered the tech industry for more than 20 years.