So far, the year has been full of lawsuits and regulatory rulings against some of the biggest tech giants in the industry, and analysts believe that the assault on the giant corporations is going to get worth as we approach the end of 2023.
The FTC has targeted Microsoft for trying to buy Activision and is tightening the screws on Google’s advertising business with an antitrust suit.
Also on the FTC hit list is Amazon, which the agency says is duping customers into purchasing Prime and than creating a labyrinth of red tape for them to cancel the service.
Big tech is also feeling the heat in Canada, where legislators want to make digital firms pay domestic media organizations for their content.
In Europe, Twitter is facing new digital rules and annual audits by the end of the summer.
On the other hand, Big Tech is leading the pack on the stock market, fueled by the promise of AI, so it is anybody’s guess how much governments will be avail to reel in the runaway internet renegades.