
Brexit has been a disaster for the U.K., with most Brits now recognizing the country’s European divorce as the wrong decision. But 2016’s seismic referendum result is also playing out very badly for Big Tech.
Before Brexit took effect three years ago, companies like Microsoft and Google had plenty of run-ins with the EU’s enforcers, especially regarding antitrust violations that ended up being very costly. But at least they could take comfort in the fact that one particular violation would only earn one European mega-fine. That is no longer the case.