• UrLogicFails@beehaw.org
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    1 year ago

    I suspect it's because they left the tech sector alone for too long and now major damage control is needed.

    It seems like laws and politicians are always a little late to the game with regulations on new technology because they don't fully understand a new technology or its implications until it's been on the market for a while.

    Unfortunately, that means by the time the technology's implications have been determined, a lot of damage can have already been done.

    I think, similarly, politicians were not examining the tech sector closely when it came to acquisitions; but they realize, now, that they let it fester a little too long.

    Hopefully the FTC continues to break up any monopoly it can identify (tech or otherwise), but there's certainly a lot of work to be done.