![[OPINION] Big Tech cannot be regulated](https://i.headtopics.com/images/2023/10/26/rapplerdotcom/opinion-big-tech-cannot-be-regulated-opinion-big-tech-cannot-be-regulated-D5A00753916B1F424B31C7038396F739.webp)
Big Tech is so profoundly different from other industries that it cannot be regulated like the trusts, cartels, or conglomerates of the past
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Adam Smith’s portrait of capitalism as a market town where family-run butcheries, bakeries, and breweries promote the public interest through open-ended, morally grounded competition bears no resemblance to modern economies.
But how can regulators cancel X’s or Facebook’s network effects? Interoperability would mean enabling you to take all your posts, photos, videos, friends, and followers from X and Facebook seamlessly to another platform – a virtually impossible technical feat, unlike the simple task of letting AT&T customers call Verizon customers at no extra charge.