“The spectacle of the chief executives of Amazon, Apple, Facebook and Google testifying before Congress last week made for good TV drama. Yet the theatrics of the showdown distracted from the real payoff of the hearings: the accompanying cache of subpoenaed emails and texts from the past decade and a half. These documents provide compelling evidence — long rumored but seldom established — that the companies, especially Facebook and Amazon, in their rise to dominance did not always play by the rules and apparently violated antitrust laws.
Both public opinion and American law distinguish between two kinds of dominant company. The first is the monopoly fairly held: a corporation like Ford Motor that achieves dominance by virtue of its incomparable greatness. The second, its evil doppelgänger, is the company that achieves dominance unfairly — for instance, by suffocating or absorbing would-be challengers.
The Big Tech companies insist that their rise to power has been the first story, a saga of ingenuity and courage, and that their market dominance is a byproduct of continued excellence. They may be giants, the story goes, but they are friendly giants. Their immense size and power is simply what is necessary to offer users the best possible services.
The subpoenaed documents destroy that narrative. No one can deny that these are well-run companies, loaded with talent, and that each at some point offered something great. But it appears that without illegal maneuvers — without, above all, the anticompetitive buying of potential rivals — there might be no Big Tech, but rather a much wider array of smaller, better, more specialized tech companies.”