The Boston Tea Party's warning for Facebook and Google

The recent surge of antitrust suits against tech giants points to a revival of a longstanding anti-monopoly tradition that goes back to the revolt against the East India Company

Antitrust suits against Big Tech could drag on for years in court and ultimately fail. But, the writer says, Facebook and Google shouldn’t ignore the popular forces gathering power against them: Americans have a long history of viewing monopolies as inherently dangerous, no matter what benefits they bring. PHOTO: REUTERS
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(BLOOMBERG) - Back in November, it was possible to dismiss the Trump administration's antitrust suit against Google as too weak, too narrow and too late. But now more than 40 states - and the Federal Trade Commission - have filed suit against another tech giant: Facebook.

It seems unlikely to be the last major lawsuit against technology giants. Though these cases are ostensibly about antitrust violations, they are a sign of something bigger: the revival of a longstanding anti-monopoly tradition in the United States. This particular view of large, powerful corporations - as threats to the political order - has repeatedly played a significant role in the nation's history.

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