This was a week so packed with news that one reporter tweeted that we’re now in a period of “news hyperinflation,” likening the news environment to hyperinflation in Germany in the 1920s. But amid the barrage, some big picture events are unfolding, like the antitrust investigations now under way, could affect the tech industry and the broader business world for years to come.

And as we await the first big development in antitrust—a Justice Department lawsuit against Google—some on Wall Street don’t seem to be expecting the antitrust actions to have much impact.