Commentary When Icarus flew too close to the sun, he got burned, tumbled out of the sky, and fell into the ocean. China’s technology giants have certainly been flying high. The cohort of Alibaba, Tencent, Baidu, and other platform companies have become household names, made their founders billionaires, run apps that Chinese people use on a daily basis, and altogether hold immense power—economically, politically, and socially. We’re not predicting their demise here. But recent developments suggest that the Chinese Communist Party (CCP) may be gunning for these companies, their executives, and their business dealings. The official communique issued after the recent Central Commission for Discipline Inspection (CCDI)’s 6th Plenum had some strong words, vowing “to investigate and punish any corruption behind the runaway expansion of capital and the monopoly of platform enterprises in order to sever the connections between power and capital,” according to the English version of Xinhua Press, …