Two months after Congress grilled the CEOs of Amazon, Apple, Facebook and Google’s parent Alphabet, House Democratic lawmakers now have a plan to break up these Big Tech companies.
On Tuesday, the House antitrust subcommittee released a 450-page report as part of a yearlong investigation concluding that there is “significant evidence” to show that the market power of Amazon, Apple, Facebook and Google has reduced consumer choice and hindered competition.
“These firms have too much power, and that power must be reined in and subject to appropriate oversight and enforcement,” the report said. “Our economy and democracy are at stake.”
To remedy that, the report suggests that “Congress consider reasserting the original intent and broad goals of the antitrust laws, by clarifying that they are designed to protect not just consumers, but also workers, entrepreneurs, independent businesses, open markets, a fair economy and democratic ideals.”
I think these companies are too big and too powerful, so I have no problem if they are broken up.
My point is that I'm not sure if the dog is wagging the tail or the tail is wagging the dog. Does Congress control the social media/tech companies to do the companies control Congress.
I posted an interview of Whitney Webb by Robert Kennedy below. The connections between the intel community, these companies, and their executives is scary. I recommend you listen to it.
They are too big. They have too much power and influence. And, it appears, they have plans for us.
The Democrats and the Republicans have both made this threat. I'm not sure I believe either party was/is serious.
This is what I'm talking about.
https://observer.com/2020/10/house-democrat-antitrust-amazon-facebook-google-breakup/
Two months after Congress grilled the CEOs of Amazon, Apple, Facebook and Google’s parent Alphabet, House Democratic lawmakers now have a plan to break up these Big Tech companies.
On Tuesday, the House antitrust subcommittee released a 450-page report as part of a yearlong investigation concluding that there is “significant evidence” to show that the market power of Amazon, Apple, Facebook and Google has reduced consumer choice and hindered competition.
“These firms have too much power, and that power must be reined in and subject to appropriate oversight and enforcement,” the report said. “Our economy and democracy are at stake.”
To remedy that, the report suggests that “Congress consider reasserting the original intent and broad goals of the antitrust laws, by clarifying that they are designed to protect not just consumers, but also workers, entrepreneurs, independent businesses, open markets, a fair economy and democratic ideals.”
I think these companies are too big and too powerful, so I have no problem if they are broken up.
My point is that I'm not sure if the dog is wagging the tail or the tail is wagging the dog. Does Congress control the social media/tech companies to do the companies control Congress.
I posted an interview of Whitney Webb by Robert Kennedy below. The connections between the intel community, these companies, and their executives is scary. I recommend you listen to it.
They are too big. They have too much power and influence. And, it appears, they have plans for us.