RECOMMENDED READING
Myth-Busting Silicon Valley
An Early Conservative Victory in the War on Big Tech
Policy in Brief: Online Age Verification

“Big Tech” has become shorthand for a potpourri of overlapping issues including monopoly power and market concentration; censorship and political influence; and consumer manipulation. Companies with business models as disparate as Apple, Google, Amazon and Facebook are treated as a monolithic challenge.

Making sense of that challenge requires dividing it into three separate parts. The first of these, as the “big” in Big Tech suggests, is the market power and anti-competitive behaviour of the companies that control the platforms on which key products and services are offered. Antitrust complaints are pervasive in the digital world because scale tends to be a source of value rather than cost, creating more contexts for natural monopoly.

Fortunately, Americans have considerable experience dealing with market power and monopolies. Google is the same kind of problem as Standard Oil and it has the same solution: it should be broken up. Facebook and Twitter are railroad-like monopolies and require utility-style regulation.

Continue Reading at Financial Times
Oren Cass
Oren Cass is the executive director at American Compass.
@oren_cass
Recommended Reading
Myth-Busting Silicon Valley

American Compass’s Wells King argues that Silicon Valley’s founder myth has things backward, misunderstanding the source of the regime’s power and flattering its worst instincts.

An Early Conservative Victory in the War on Big Tech

American Compass research director Wells King discusses a promising conservative bill to rein in Big Tech’s monopoly power.

Policy in Brief: Online Age Verification

On this episode of Policy in Brief, Oren Cass is joined by Chris Griswold to discuss a proposal to create an online age-verification system to keep kids safe online.