Why Big Tech is Rekindling its Relationship with Trump: A Closer Look

As President Donald Trump resumes a prominent role in American politics, many observers are questioning why major technology companies seem eager to align themselves with the Trump administration. Following Trump’s remarkable political comeback on November 5, 2024, this trend raises eyebrows and prompts deeper investigation.

The Political Landscape Post-Trump’s Return

Trump’s return to power has been characterized by an unprecedented number of executive orders addressing critical issues ranging from immigration to Diversity, Equity, and Inclusion (DEI). His administration is marking what many are calling a new golden age of technological growth, economic prosperity, and peace for America.

The Comeback Story

Despite facing adversity after leaving office in 2020, Trump successfully rallied a team of dedicated supporters known as America First patriots. Many of these individuals faced severe repercussions, including unemployment and Big Tech censorship, for their unwavering loyalty to Trump. Several key figures even experienced legal challenges, underscoring the high stakes involved in their support.

Corporate America’s Shifting Allegiances

In a significant turn, corporations that once distanced themselves from Trump are now rebranding as MAGA-friendly to gain favor with the new administration. However, these changes appear superficial. For the Trump White House, it is crucial to remain vigilant and not fall prey to what could be a mere façade. The donation history from figures like Mark Zuckerberg, who once supported Trump’s inaugural fund, illustrates a conflicted relationship, as he simultaneously worked to undermine Trump’s campaign efforts.

The Real Fear: Antitrust Enforcement

The primary motivator behind Big Tech’s new cordiality is widely perceived to be the fear of rigorous antitrust enforcement. Major tech companies, including Alphabet, Amazon, Meta, and Apple, are currently grappling with several bipartisan lawsuits from the Justice Department and the Federal Trade Commission (FTC). Interestingly, many of these cases were initiated during the Trump 45 administration, reflecting a consistent challenge that could reshape the technology landscape.

The Stakes of Antitrust Enforcement

Big Tech’s interests are not aligned with Trump’s agenda. Their primary concern lies in avoiding stringent antitrust regulations. The Trump 47 Justice Department represents a pivotal opportunity for tougher enforcement that could threaten their market dominance.

Historical Insights on Antitrust

Looking back at historical precedents, the breakup of AT&T in 1984 serves as a powerful reminder of the importance of antitrust laws. This landmark decision led to significant competition and innovation, particularly in the wireless industry and the early internet.

Free Markets Demand Fair Enforcement

The existence of free markets hinges on the enforcement of antitrust laws. Currently, prominent tech companies threaten to stifle competition and harm small businesses. If left unchecked, these monopolies may also impede America’s progress in key sectors such as AI and technology.

A Call to Action for Trump’s Administration

Under leaders like Gail Slater at the Antitrust Division and FTC Chairman Andrew Ferguson, Trump’s approach to antitrust enforcement aims to protect American consumer interests while promoting fair competition. This direction, however, can be challenged by efforts from established corporations eager to maintain their monopolistic advantages.

Choosing the Right Path Forward

The future of antitrust law enforcement will determine the viability of free markets and competition in America. As Trump’s administration navigates this complex landscape, it must prioritize robust enforcement that benefits American households and businesses.

Mike Davis is the Founder and President of the Article III Project.