Internet companies used to grow big and die—fast. But now a few of them are huge and entrenched, because regulators didn't foresee their dominance.
Stopping the internet from getting too concentrated will be a slog, but the alternative would be worse
This has generally been an interesting series of articles in The Economist.
As John Sherman, the senator who gave his name to America’s original antitrust law in 1890, put it at a time when the robber barons ruled much of America’s economy: “If we will not endure a king as a political power, we should not endure a king over the production, transportation and sale of any of the necessaries of life.” ❧