Big Tech's 2024 threat: Adobe's abandoned Figma deal and its aftermath

The biggest threat to Big Tech in 2024 will come from government regulators on both sides of the Atlantic. The Biden Administration, along with regulators in the UK and EU, have been targeting tech giants to curb their market dominance. Governments are applying pressure and implementing new regulations to limit the power of companies like Alphabet, Amazon, Apple, Meta, and Microsoft. In the US, the Justice Department and Federal Trade Commission are publishing new merger guidelines to limit concentration of power. The EU has introduced the Digital Services Act, which will require compliance from tech giants and impose penalties for non-compliance. The outcome of the antitrust trial between the Justice Department and Alphabet's Google could have significant implications for the online search market. Additionally, regulators are cracking down on the crypto industry, with ongoing lawsuits against major players like Binance and Coinbase. Some hope for a more favorable regulatory environment for crypto after the 2024 presidential election.