Left to right, Amazon's chief Jeff Bezos, Larry Page of Alphabet, Facebook COO Sheryl Sandberg, then-Vice President elect Mike Pence, then-President-elect Donald Trump, Peter Thiel, co-founder and former CEO of PayPal, Tim Cook of Apple and Safra Catz of Oracle attend a meeting at Trump Tower December 14, 2016 in New York. (AFP/Timothy A. Clary)
NBC: Big tech faces antitrust crackdown from House Judiciary
While no companies are named, any investigation will inevitably touch on Amazon, Facebook, Google and Apple.
Congress will be taking a close look at the power of big tech.
The House Judiciary Committee announced Monday that it will hold a series of hearings as part of a bipartisan investigation into whether there is enough competition among U.S. technology companies.
While no companies were named, any investigation will inevitably touch on Amazon, Facebook, Google and Apple, all of which have come under increased scrutiny in recent years for their dominance in a variety of markets including social networking, online advertising, online search, e-commerce and mobile apps.
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More News On Amazon, Facebook, Google And Apple To Be Probed By Congress
House Judiciary launches antitrust investigation into tech giants -- The Hill
The government is threatening big tech — and the market just took notice -- CNBC
U.S. probe of Google's online ad dominance would appease long suffering rivals, publishers -- Reuters
House Judiciary Committee launches 'top-to-bottom' antitrust probe of big tech -- CNN
Good. These companies are run by leftist oligarchs. Their authoritarian practice of blocking, demonetizing and refusing services to people who think differently than they do needs to stop.
ReplyDeleteCongress also needs to change loopholes in the law that allow these companies to skirt taxes. The penalties for these abuses need to be in the billions.
Not to mention the blatant abuses in their incessant electronic eavesdropping and tracking. FaceBook even handed over a forklift operator's name and address to NYT for making a funny video of Nancy Pelosi. Now he's being hounded by the leftist mob.