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Old 06-04-2019, 11:47 AM  
Just Passin' By Just Passin' By is offline
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L.I.: Congress, DOJ Launch Antitrust Investigation Into Big Tech Monopolies...

I'm using Legal Insurrection as the umbrella site because not everyone will be able to access the WSJ site, but the links will be to multiple sites.

Quote:
The House Judiciary Committee announced on Monday that it would launch an antitrust investigation into big technology like Google, Amazon, Facebook, and Apple.

The Department of Justice (DOJ) and Federal Trade Commission (FTC) also announced their own investigation into these companies.
https://legalinsurrection.com/2019/0...ess-practices/

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House Judiciary Committee Launches Antitrust Investigation of Tech Giants

Depositions, public hearings and document requests await tech giants like Amazon, Google, Facebook, and Apple.

The House Judiciary Committee is launching an antitrust investigation into major tech companies like Google and Amazon, moving Congress closer to legislative action against the tech giants.

“This is really about ‘how do we get competition back in this space?’” Rep. David Cicilline (D-R.I.), who will lead the investigation as head of the antitrust subcommittee, told reporters on Monday.

The antitrust investigation represents a new headache for the tech giants, which have faced increased congressional pressure over the past two years. The investigation will include depositions, public hearings, and document requests, according to Cicilline. The investigation will also likely feature hearing with the CEOs of the major tech companies, while offering private interviews for witnesses worried that the tech giants would go after them...
https://www.thedailybeast.com/house-...ok-and-google/

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Congress, Enforcement Agencies Target Tech
Federal antitrust enforcers and lawmakers are poised to scrutinize the largest technology companies for anticompetitive practices

Federal antitrust enforcers and lawmakers are poised to scrutinize the nation’s largest technology companies for potential anticompetitive practices, bringing a new regulatory focus to the vast markets for digital services and a new level of concern for investors. ...
https://www.wsj.com/articles/ftc-to-...on-11559576731

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Unwarranted, concentrated economic power in the hands of a few is dangerous to democracy – especially when digital platforms control content. The era of self-regulation is over.

5:04 PM - 3 Jun 2019
https://mobile.twitter.com/SpeakerPe...98760397393921
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Old 06-04-2019, 11:59 AM   #2
Baby Lee Baby Lee is online now
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You know how Boomers like to joke about expecting that when they grew up flying cars would be everywhere?

For me, I grew up just assuming anti-trust would be used to save us from all these leviathan companies and all this consolidation.
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Old 06-04-2019, 12:00 PM   #3
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Originally Posted by Baby Lee View Post
You know how Boomers like to joke about expecting that when they grew up flying cars would be everywhere?

For me, I grew up just assuming anti-trust would be used to save us from all these leviathan companies and all this consolidation.
Clearly that worked with ma Bell.
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