Several months ago we first discussed the prospect of anti-trust action against technology giants. Pressure seemed to be coming from the right, in terms of Trump Administration animosity toward Silicon Valley antagonists. It also seemed to be coming from the left, in terms of income inequality and growing recognition that this generation's Masters of the Universe don't work on Wall Street. Some was just under the aegis of "I know it when I see it," in terms of everything from Facebook's relationship to media to Amazon's relationship with consumers.
The tech execs I spoke with mostly shrugged their shoulders, and then one more time for de-emphasis once Steve Bannon left the West Wing. But those sentiments are shifting, and it has nothing to do with mergers or market share.