Margrethe Vestager Is the Dam Breaker ⇥ nytimes.com

Adam Satarino, New York Times:

But as Ms. [Margrethe] Vestager closes out her era in Brussels, regulating the tech industry has become more mainstream around the world. Thanks to her, Europe is now widely seen as the pioneer of the toughest laws against tech. U.S. regulators have in recent years followed Europe by bringing antitrust lawsuits against Google, Apple, Meta and Amazon. Regulators in South Korea, Australia, Brazil, Canada and elsewhere are also taking on the tech giants.

Vestager’s term has been defined by patience. Owing to both the rapid growth in size and complexity of technology firms, and tedious legal processes, these cases have taken considerable time. Some of the earliest cases Vestager brought have just been settled. It is still too early to tell whether the many changes resulting from these cases will have a radical effect on the technology landscape.

However, as Satarino writes, her approach has been influential worldwide. The technology in seemingly every country outside authoritarian states like China and Russia has been under the thumb of big companies most often based in the United States. Sometimes, those products and services clash with local expectations and values, or consume business viability. Not all of these corporations got where they are by illegitimate means, or are unanimously behaving in illegally anticompetitive ways. But it is sensible to investigate and become a correcting force.

For too long, regulators were too hesitant to question tech companies. These businesses were perpetually too new and too complicated. Vestager broke the dam.