FTC antitrust cop hammers ‘whack-a-mole’ approach to reining in Big Tech

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FTC antitrust cop hammers ‘whack-a-mole’ approach to reining in Big Tech
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Jonathan Kanter wants to “unplug” monopolistic Big Tech firms and drove home support for a stalled bill intended to rein in Google, Amazon, Meta and Apple during a fiery speech on Friday.

The Justice Department’s top antitrust cop said he wants to “unplug” monopolistic Big Tech firms and drove home his support for a stalled congressional bill intended to rein in Google, Amazon, Meta and Apple during a fiery speech on Friday.

“No one ever really wins that game — the moles just keep coming,” Kanter said. “To stop them from popping up, you really need to unplug the machine. In the same way, enforcers need to unplug the monopolization machine in digital platform industries.” “The digital economy has enabled monopoly power of a nature and degree not seen before in our country,” Kanter said in front of an audience at the Fordham law school that included many lawyers who defend tech firms against regulators like him.

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