Tech companies both large and small have found themselves dependent on the arbitrary whim of Big Tech, one algorithm tweak away from ruin.
The decisions made by tech giants are largely unaccountable, opaque, and result in sweeping consequences, the dominant platforms effectively serve as private regulators.
To break up their monopoly, regulatory battles have broken out across the world to curb the rising influence and diminishing responsibility of these tech giants.
Google, Facebook, Twitter, YouTube, Amazon and Apple are a part of the ‘hit list’ that will be facing new and tougher rules aimed at curbing their dominant market position and its misuse.
They are facing the biggest threat from the European Union and the United States Congress, which are introducing rules that will force the companies to share data with rivals and be more transparent on how they gather information.
Democrats from a US House…