The Age of Big Tech Is the New Age of Monopoly | Opinion

The following essay is an excerpt adapted from Sen. Josh Hawley's new book, The Tyranny of Big Tech, out now from Regnery. When Facebook went public in May of 2012 in what was billed as the initial public offering of the decade—the century!—the company dutifully filed a dutifully boring piece of paperwork known as the Form S-1 registration statement, a compendium of facts and figures, summaries and disclosures, a "risk factors" analysis, "selected consolidated financial data," "description of capital stock" and so on and so forth. Except this Form S-1 wasn't boring in the least. This Form S-1 was positively fascinating. This Form S-1 included a thesis statement direct from Big Tech on the new world the technologists hoped to create. It included a letter from Mark Zuckerberg.