Apple CEO Tim Cook. Image: Midjourney
Big Tech is facing its biggest challenge in decades as antitrust regulators on both sides of the Atlantic crack down on alleged anticompetitive practices that could result in breakup orders to Apple and Google, a first for the industry.
That in turn could inspire watchdogs around the world to pile on, as evidenced in the growing number of antitrust probes in various countries following the opening of EU and US cases. Since AT&T was broken up exactly 40 years ago, no company has faced the possibility of a regulator-led breakup in the US…