Today's big tech companies are as bad as Standard Oil was a century ago. Tech platforms, like Google, Facebook, and Amazon are monopolies that abuse their market dominance, stifle innovation, and harm the public. They need to be broken up.
That, at least, is the argument former Sectary of Labor Robert Reich makes in last weekend's edition of The New York Times: dust off the antitrust laws and break up big tech. It's unlikely that Reich's advice will be heeded anytime soon -- as he notes, the FTC rejected staff recommendations and refused to prosecute Google for anti-competitive behavior. But new research shows that government regulation over the tech industry may be inevitable, if popular opinion is any indicator.