No other issue captures the public's attention currently like the perceived influence of big tech in the twenty-first-century economy. According to asurvey conducted by Pew Research in October 2020, 72% of Americans believe "social media companies have too much power and influence in politics," and 47% of Americans also believe "major tech companies should be regulated by the government more than they are now."
To appease the public's appetite to rein in big tech, Democrats and Republicans in both the houses have lined up to condemn mainly Amazon, Apple, Microsoft, Facebook, and Twitter for supposedly behaving in an anti-competitive way. Beyond the finger-pointing, however, there seems to be no acknowledgement or recognition of the myriad of benefits that these companies have brought to consumers and the economy.
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