tech monopolies

Tech monopolies are dominant technology companies that control so much of a market that meaningful competition becomes nearly impossible.

The term typically refers to giants like Google in search, Amazon in e-commerce, or Meta in social networking.

Critics argue these companies stifle innovation, exploit user data, and wield excessive political influence: Congress held hearings on breaking up the tech monopolies.

Whether they meet the legal definition of monopoly is debated, but the phrase captures widespread concern about concentrated power in the digital economy.