Sector Focus 

US tech: too big not to fail?

US tech: too big not to fail?

The problem with pioneering a new market is that you end up dominating it and then everyone wants to take you down. It’s an issue that has caused many a corporate innovator to come unstuck. When John D Rockefeller monopolised the oil market at the turn of the 20th century, his company was broken up into 34 pieces. Controlling America’s telephones in the mid-1900s sent regulators storming into AT&T (US:T), while federal antitrust laws put the brakes on Microsoft's (US:MSFT) seemingly unstoppable rise during the initial internet boom.

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