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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUS lawmakers put Big Tech's might in crosshairs of wide-ranging antitrust agenda
U.S. lawmakers unveiled a wide-ranging antitrust agenda Friday, aiming to rein in the competitive power of giants like Amazon, Apple, Facebook and Google. The five bipartisan bills are the result of more than a year investigating competition in the digital marketplace -- and what lawmakers call the "unregulated power wielded" by Big Tech.
"Right now, unregulated tech monopolies have too much power over our economy. They are in a unique position to pick winners and losers, destroy small businesses, raise prices on consumers, and put folks out of work," Rep. David N. Cicilline, a Democrat from Rhode Island and the chairman of the House Antitrust Subcommittee, said in a press release. "Our agenda will level the playing field and ensure the wealthiest, most powerful tech monopolies play by the same rules as the rest of us."
Representatives for Apple, Amazon and Facebook didn't immediately respond to messages seeking comment. Google declined to comment.
https://www.cnet.com/news/us-lawmakers-put-big-techs-might-in-crosshairs-of-wide-ranging-antitrust-agenda/
Deminpenn
(15,286 posts)of Teddy Roosevelt's administration.
Budi
(15,325 posts)Zuckerburg better be the 1st one to go down.
What he allowed & profited from against the Democracy of the US & our Govt was nothing short of aiding a foreign enemy to control mass propaganda messaging via his Facebook.
The Guardian has a really revealing article out today about the players & it's ugly, & how FEC under tRump lookd the other way when confronted with the campaign finance problem behind the group running the trollfarms
Also coming up soon will be the article that digs into the financials behind the Trollfarms & who financed the mass messaging hits against the Democratic Party. As well who they used & who allowed themselves to be used.
Time this RU ops gets busted wide open.
Start with tRump's pal Mark Zuckerburg.
The others can follow after him.
A bunch of innocent people were taken for a ride..and they're money.
$27, $5, $3...send money...(FEC untraceable amounts, btw)
"MONEY and MEDIA", they said with a smirk