Congress’ renewed attack on Big Tech may clear the field for decentralization By Cointelegraph

Congress’ renewed attack on Big Tech may clear the field


Congress’ renewed attack on Big Tech may clear the field for decentralization

On Tuesday, a House subcommittee put out a massive report that places Big Tech in the crosshairs of major antitrust reforms.

The four firms at the center of the report — Apple (NASDAQ:), Google (NASDAQ:), Facebook (NASDAQ:) and Amazon (NASDAQ:) — have been in hot water with Congress for some time. But while the tone of the recent conversation is punitive towards those firms, it also seems to envision a broader shift to new rules that would stop tech from this level of centralization again.