Small businesses have the power in antitrust fight

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Amazon and Apple were dealt another blow in their fight against antitrust regulation after Italy fined both tech giants for anti-competitive business practices.

Both companies, along with Facebook and Google, are facing heightened scrutiny around the world from policy makers over allegations their platforms hurt the small businesses that use them to sell to consumers and advertise and market their products.

In many aspects, it’s a Goliath versus David dilemma with small businesses lacking the high-powered lawyers and deep pockets to take on the behemoths. But small businesses may have the upper hand thanks to their support among regulators. The tech giants are aware of their influence and have embarked on a PR campaign to convince the sellers and merchants using their platform that any regulation would hurt them, not the tech giants. Lawmakers in Washington are calling the campaigns “scare tactics.”

To what extent do you think these tech companies should be regulated? How and what changes could policy makers implement that would help your business?

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