The ‘Magnificent Seven’ are now big enough to move the economy. Why that could be a problem.

The "Magnificent Seven" — a select group of major tech companies — now hold a market value that eclipses the economies of nearly every nation on Earth. This concentration of wealth raises significant concerns about economic stability and inequality. Such a high concentration of market power in a few entities could lead to monopolistic practices, stifle competition, and ultimately affect consumer prices and innovation. This situation underscores the need for regulatory scrutiny to ensure a more balanced economic landscape.