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An American flag hangs in front of the logo for Chinese ride hailing company Didi Chuxing in New York on June 30. Photo: Reuters

Despite all their differences and disagreements, the United States and China have both recently launched attacks against big technology giants.

In the US, the Federal Trade Commission has accused Facebook of breaking antitrust laws by monopolising through vertical and horizontal acquisition of social media start-ups and well-established competitors such as Instagram and WhatsApp. Facebook’s massive collection of user data makes it possible to impose digital colonialism and profit from its users.
Similarly, Didi Chuxing is under investigation by Chinese regulators over charges of anticompetitive behaviour and disorderly capital expansion. In addition, its unauthorised collection and misuse of customer information prompted the government to remove Didi from app stores over data privacy concerns.

Chinese regulators are intensifying data protection and online scrutiny amid broader government moves to curb dominant internet platforms.

US antitrust enforcement methods can include fines, splitting up companies and undoing acquisitions. A lack of enforcement can be seen, though, as Big Tech firms exert more influence on policymaking by spending large amounts of money lobbying the government.

US agencies and courts employ more aggressive antitrust remedies to confront monopolistic behaviour. However, they have not cracked down on the tech giants, which can be a form of national strength and civic power.

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