Big Tech backlash

Walmart is winning the antitrust wars

Trophy illustration
Illustration: Aïda Amer/Axios

At a moment when regulators, politicians and consumers are railing against companies getting too big, one behemoth has been growing under the radar: Walmart.

The big picture: Walmart already had its turn as the corporate villain in the 1980s. Now, as tech companies bear the brunt of the scrutiny, the retail giant is amassing wealth — earning $514.4 billion in revenue, the most of any company on Earth, in 2018.

For tech, it's all hard problems now

Blue screen of death featuring the Facebook, Apple, Amazon, and Google logos
Illustration: Eniola Odetunde/Axios

The tech industry spent the last two decades connecting the world and getting computers into every home and hand — but that's turning out to have been the easy part. Now, every problem tech companies face is fiendishly hard.

Driving the news: Sen. Elizabeth Warren (D-Mass.) unloaded on Facebook Monday:

"Facebook has incredible power to affect elections and our national debate. Mark Zuckerberg is telling employees that he views a Warren administration as an “existential” threat to Facebook. The public deserves to know how Facebook intends to use their influence in this election."
— Sen. Warren, on Twitter