"Leaders at top big tech firms rushed to congratulate Donald Trump on his landslide election victory as they sought to rebuild bridges with the president-elect — and his most influential Silicon Valley booster, Elon Musk — ahead of a transformative period for the sector.

The chief executives of Amazon, Apple, Google, Meta and Microsoft posted supportive messages on social media on Wednesday, which stood in contrast to their more circumspect reaction to the results of the 2016 and 2020 elections. All of their companies have since faced significant regulatory probes and antitrust threats as part of a crackdown by Joe Biden’s Democratic administration.

They now stand to gain much from a more tech- and business-friendly attitude from Trump, if they can win over a mercurial politician who in the past has repeatedly clashed with what he considers a left-leaning constituency that has funded his opponents and censored him."

https://www.ft.com/content/79f87a7f-66b2-454e-8f58-8d5f535cce66

#USA #Trump #BigTech #Monopolies #Oligopolies #Competition #Antitrust