I'd say I could think of worse developments for a fragile market at a critical juncture than sweeping antitrust inquiries into some of the most important companies in America, but that wouldn't be entirely true.
To be clear, it's been obvious for at least 14 months (i.e., since last March, when privacy concerns and some presidential posturing towards Amazon rattled big-cap tech) that antitrust scrutiny was likely in the cards for everyone's favorite tech high-fliers. But just because something was well-telegraphed, doesn't mean it will be digested with alacrity when it finally comes calling.
Long