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UK watchdog’s action against Facebook over Giphy prove it has teeth
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Big tech has two faces. One face presents a new form of company: inclusive, socially liberal, very much with the zeitgeist, supporting the Democrats rather than the Republicans, and different from anything that has gone before.
Strip away the makeup and a different face appears: the face of a monopoly seeking to protect itself from rivals. Over the years, the giants of Silicon Valley have used their financial clout to buy up smaller companies that might pose a threat to their market power.
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