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House Democrats say Facebook,
Amazon, Alphabet, Apple
enjoy ‘monopoly power’ and
recommend big changes

Original Article

Posted By: Pete Stone, 10/6/2020 5:37:10 PM

After a 16-month investigation into competitive practices at Apple, Amazon, Facebook and Google, the House Judiciary subcommittee on antitrust has released Tuesday its findings and recommendations on how to reform laws to fit the digital age. In a nearly 450-page report, the Democratic majority staff laid out their takeaways from hearings, interviews and the 1.3 million documents they scoured throughout the investigation. They conclude that the four Big Tech companies enjoy monopoly power and suggest Congress take up changes to antitrust laws that could result in parts of their businesses being separated. The recommendations from Democratic staff include:

Comments:

Talk about biting the hands that feed them! The Democrats have been getting huge amounts of money from big tech executives and a lot of in-kind help (such as censorship of opposition viewpoints) from the likes of Facebook and Alphabet.)

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Reply 1 - Posted by: Ribicon 10/6/2020 5:42:10 PM (No. 564059)
But not Microsoft, the coercive monopoly to end all? Discarded.
3 people like this.

Reply 2 - Posted by: DVC 10/6/2020 5:48:29 PM (No. 564066)
Hmm. This is WEIRD. I tend to agree with them which makes me nervous as heck, right off the bat. But the big tech SOBs are screwing over conservatives and Republicans, so they do need to be forced to stop regulating the content on their platforms. Google distorts searches hideously for partisan political purposes. Twitter and such do, too. Dems may just want to control exactly how and how much they suppress conservatives. If we go along, it needs to be to take off the blinders and limits.
4 people like this.

Reply 3 - Posted by: skacmar 10/6/2020 5:57:40 PM (No. 564079)
Announce this now, just before the election and make the stock market drop to make the economy look bad. Just another arrow in the Democrat quiver to make Trump and the economy look bad!
5 people like this.

Reply 4 - Posted by: SkeezerMcGee 10/6/2020 6:03:10 PM (No. 564087)
For the first time since the 1960s I with the democrats on this.
6 people like this.

Reply 5 - Posted by: Omen55 10/6/2020 6:17:26 PM (No. 564100)
Well #2 it's very simple. Dems hate capitalism & don't want Corps to be more powerful than dem. Sure Tech giants are with dem now. But a lot of dem see that if you let them become too powerful they will be the ones telling dem what to do. Which means in the end the Techs will put business over dem. So break Techs up now.
3 people like this.

Reply 6 - Posted by: stablemoney 10/6/2020 6:27:14 PM (No. 564114)
The government enjoys a lot of monopoly power, and I demand some major changes.
3 people like this.

Reply 7 - Posted by: HotRod 10/6/2020 6:54:32 PM (No. 564152)
The MSM enjoys ‘monopoly power’ and needs to be busted up too. Even more so.
6 people like this.

Reply 8 - Posted by: LC Chihuahua 10/6/2020 8:52:43 PM (No. 564223)
Democrats want a bigger cut. What's the difference between government and organized crime? One calls itself a government.
4 people like this.

Reply 9 - Posted by: Salt5792 10/6/2020 9:56:37 PM (No. 564265)
Strange... These FAANGS are almost uniformly pro-Democrat.
3 people like this.

Reply 10 - Posted by: Kate318 10/6/2020 10:19:19 PM (No. 564289)
I don’t trust this. Something’s up. Why would dems come down on a main source of their support, and one of their biggest cash cows?
3 people like this.

Reply 11 - Posted by: ColonialAmerican1623 10/6/2020 10:51:15 PM (No. 564329)
Whatsa matter ? They wouldn't pay you ?
1 person likes this.

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