Digitization as hyper globalization 2.0: how the rise of Big Tech threatens to further undermine the sovereignty of democratic legislatures – and what we can do about it

Digitization intensifies ‘hyper globalization': economic globalization, without the development of sufficient or sufficiently effective legal and political institutions to steer economic globalization in the right direction. With digitization (or ‘hyper globalization 2.0’) ever more public power will concentrate in the hands of private technology firms, which will, in turn, further undermine the sovereignty of democratically legitimated legislators, whether national or continental. This analysis allows us to better understand the origins and nature of contemporary Big Tech-feudalism and to see more clearly how our constitutions can be adapted in order to remain capable of anchoring fundamental values.