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Steve Bannon Wants Facebook and Google Regulated Like Utilities

• theintercept.com by Ryan Grim

Bannon's push for treating essential tech platforms as utilities pre-dates the Democratic "Better Deal" that was released this week. "Better Deal," the branding for Democrats' political objectives, included planks aimed at breaking up monopolies in a variety of sectors, suggesting that anti-monopoly politics is on the rise on both the right and left.

Bannon's basic argument, as he has outlined it to people who've spoken with him, is that Facebook and Google have become effectively a necessity in contemporary life. Indeed, there may be something about an online social network or a search engine that lends itself to becoming a natural monopoly, much like a cable company, a water and sewer system, or a railroad. The sources recounted the conversations on the condition of anonymity because they were not authorized to give the accounts on record, and could face repercussions for doing so.

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