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To: Lina M. Khan, Chair of the Federal Trade Commission

Break Up Big Tech

Photo by Milad Fakurian on Unsplash
In July, businesses, airports, hospitals, and more came to a staggering halt when a software update from cybersecurity firm CrowdStrike took down Microsoft systems across the globe, causing the largest IT outage in history.

Travelers were left stranded, health care providers struggled to access medical records, surgeries were canceled, payroll systems froze, and TV broadcasters went dark. The outage disabled an estimated 8.5 million computers—and put on display yet again the dangerous consolidation of power in tech.

Sign the petition to urge the FTC to regulate and rein in Big Tech and hold corporations accountable!

Why is this important?

More and more businesses are increasing their dependency on providers like CrowdStrike, which controls nearly 18% of its cybersecurity market. Meanwhile, just three companies—Google, Amazon, and Microsoft—control a whopping 65% of the cloud provider market.

July’s chaotic global blackout was just a preview into what could happen if a major tech company experienced a similar kind of crash—scenarios could include the global economy being rocked, fulfillment coming to a screeching halt, and people being unable to contact loved ones or receive lifesaving care.

As long as Big Tech holds onto its monopolies, regulations are harder to enforce, emerging tech companies struggle to compete, and pricing remains controlled by a few CEOs. With the internet becoming centralized in the hands of four or five big companies, even one breakdown carries huge consequences.

We need the Federal Trade Commission to step in and break up Big Tech in order to mitigate risks and avoid global outages. As our lives and businesses continue to become more and more intertwined, we’re opening ourselves up to more blackouts and more crashes.

Updates

2024-08-07 11:57:05 -0400

100 signatures reached

2024-08-07 11:11:44 -0400

50 signatures reached

2024-08-07 11:00:57 -0400

25 signatures reached

2024-08-07 10:56:48 -0400

10 signatures reached