To make it explicit: the only way this happens is by Americans voting for it. The FTC has been more active on anti-trust issues in the past two years than at any time in the past 30. That's a direct result of the 2020 election. Elections matter.
https://www.opensecrets.org/orgs/alphabet-inc/recipients?id=...
Here is them lobbying specifically around antitrust reform legislation: https://www.opensecrets.org/federal-lobbying/bills/specific_...
https://www.opensecrets.org/orgs/amazon-com/recipients?id=D0...
and Microsoft:
https://www.opensecrets.org/orgs/microsoft-inc/recipients?id...
And yet we see high profile activity against them from the current FTC.
And Intuit: https://www.opensecrets.org/orgs/intuit-inc/recipients?id=D0..., https://www.ftc.gov/legal-library/browse/cases-proceedings/1...
And Epic: https://www.opensecrets.org/orgs/epic-systems/recipients?id=..., https://www.ftc.gov/legal-library/browse/cases-proceedings/1...
etc. etc.
https://www.nytimes.com/2023/01/24/technology/google-ads-law...
n.b. I've found a lot of comfort by conciously rolling away from any subject that leads me to do "They"-ing, i.e. name an enormously large group, then talk about them as a unit. The more I avoid it, the more I realize how prevalent it became and drives how a lot of us feel society shifted.
It's a simple observation. They don't have the interest to make it pass but they still have to do it to save face.
FTC is on a losing streak, with the latest fiasco being the Microsoft Activision acquisition fiasco.
Have seen FTC going against Amazon because the FTC chair had published prior work against Amazon's practices. Not defending Amazon but FB/Google are a much bigger threat than Amazon.
> Private equity deals and transactions in the healthcare and technology sectors continue to attract heightened antitrust scrutiny...
> The US agencies have also demonstrated an increased interest in challenging vertical transactions.
> In January 2022, for example, the FTC sued to block Lockheed Martin's US$4.4 billion proposed acquisition of Aerojet, which the parties subsequently abandoned.
> Increased enforcement, combined with the agencies' reluctance to approve remedies, has created an uncertain environment where commercial parties should be increasingly prepared to litigate mergers.
> The ramping up of antitrust enforcement in 2022...
https://www.whitecase.com/insight-our-thinking/us-ma-fy-2022...
Here's another:
> Since 2020, the Federal Trade Commission (FTC) and U.S. Department of Justice (DOJ) have filed multiple lawsuits against major tech companies...
> "The agencies have started laying the foundations for a more interventionist stance over the last two years, and this year is when we'll start to see some of those efforts come to fruition -- or be stopped in their tracks by the courts," Kass said.
https://www.techtarget.com/searchcio/news/252528606/FTC-push...
I'm sure you can find more.
https://www.reuters.com/legal/us-appeals-court-opens-docket-...
Or Judges fast-tracking lawsuits to allow those being prosecuted by the FTC to get things over quicker, ex: https://www.reuters.com/legal/illumina-wins-fast-track-appea...
And I think the biggest blow may actually come about because of the SEC lawsuit that will be heard this upcoming term at SCOTUS: https://www.reuters.com/legal/us-supreme-court-decide-legali..., which will likely heavily reign in the power of administrator judges and the ability for an agency to keep initial fights in-house (blocking litigants from taking fights to the normal courts).
>The FTC has been more active on anti-trust issues in the past two years than at any time in the past 30
FTC being more active in past two years over previous 30 is a strong statement.
A lot. Here's a link where you can read about some recent activity in the tech industry (change it to sort by Date, I couldn't figure out how to do that in the URL): https://arstechnica.com/search/?ie=UTF-8&q=ftc You can probably find more on Google (or perhaps Duck Duck Go? :) ).
Active against Google though? Remember, Google can help a certain political party in tough times (e.g. rollout of healthcare.gov).
"FTC rewrites rules on Big Tech mergers with aim to ease monopoly-busting"
https://arstechnica.com/tech-policy/2023/07/ftc-rewrites-rul...
"FTC prepares “the big one,” a major lawsuit targeting Amazon’s core business"
https://arstechnica.com/tech-policy/2023/06/ftc-prepares-the...
"The Federal Trade Commission sued Amazon today, claiming the online giant violated US law by tricking consumers into signing up for the $14.99-per-month Amazon Prime subscription service and making it annoyingly difficult to cancel."
https://arstechnica.com/tech-policy/2023/06/ftc-sues-amazon-...
"FTC files to block Microsoft’s $69B Activision Blizzard acquisition"
https://arstechnica.com/gaming/2023/06/report-ftc-will-file-...
"A Federal Trade Commission lawsuit filed yesterday accused Ring, the home security camera company owned by Amazon, of invading users' privacy"
https://arstechnica.com/tech-policy/2023/06/ftc-amazon-ring-...
"Microsoft will pay $20 million to settle an FTC complaint that its Xbox platform illegally collected and retained information about children without their parents' consent"
https://arstechnica.com/gaming/2023/06/xbox-coppa-violations...
And that's all just from one news source, in the last three months.