'Big Tech Must Be Broken Up': House Report on Silicon Valley Monopolies Bolsters Call for Far-Reaching Antitrust Measures

Australia News News

'Big Tech Must Be Broken Up': House Report on Silicon Valley Monopolies Bolsters Call for Far-Reaching Antitrust Measures
Australia Latest News,Australia Headlines
  • 📰 commondreams
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

'The totality of the evidence produced during this investigation demonstrates the pressing need for legislative action and reform,' states congressional report following a 16-month probe.

, the digital rights group Electronic Frontier Foundation said that "many of the report's recommendations echo calls EFF has also made, proof of just how obviously effective, needed, and common-sense they are," adding that it is "pleased to see the report go beyond U.S. antitrust law's narrow focus on consumer prices."

The House Judiciary Subcommittee on Antitrust spent 16 months investigating Big Tech, resulting in a 450-page that found the four tech companies wield abusive monopoly power and suggesting that lawmakers take steps to break them up.--Vahid Razavi, Ethics In Tech ;&#x201cFirst off, this is an investigation on par with the big investigations of monopoly power that Congress has done in the past. Notably the TNEC, which conducted a huge investigation in the 1930s that drove substantial changes in monopoly policy and increased enforcement.;&#x201dThe committee found that the companies, whose operations span multiple industries, use their dominance in one area of their business to undercut the competition in other areas.

Second, Google uses anti-competitive contracts, including ones that "required smartphone manufacturers to pre-install and give default status to Google's own apps."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

commondreams /  🏆 530. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2024 Can-Am Maverick R brings big power, new tech, and a wild suspension2024 Can-Am Maverick R brings big power, new tech, and a wild suspension2024 Can-Am Maverick R lineup is has power, new tech, and a wild suspension. Tall-knuckle suspension design gives 25 inches of travel in front.
Read more »

Exclusive: Arm signs up big tech firms for IPO at $50 bln-$55 bln valuation -sourcesExclusive: Arm signs up big tech firms for IPO at $50 bln-$55 bln valuation -sourcesCustomers of Arm Holdings Ltd including Apple Inc , Nvidia Corp , Alphabet Inc and Advanced Micro Devices Inc have agreed to invest in the chip designer's initial public offering, according to people familiar with the matter.
Read more »

Rantz: Anti-gun Seattle Rep. Pramila Jayapal is brokenRantz: Anti-gun Seattle Rep. Pramila Jayapal is brokenWhile guns are a frequent target of Jayapal, her latest post is downright irresponsible. Jayapal and the rest of the Radical Left want to ban guns.
Read more »

Houston officials blame extreme heat, drought for hundreds of broken water pipes across townHouston officials blame extreme heat, drought for hundreds of broken water pipes across townHouston Public Works is blaming the heat and lack of rainfall for the hundreds of water pipes that are cracked or broken across the city.
Read more »

Ed Sheeran copyright trial shows system is 'broken': lawyerEd Sheeran copyright trial shows system is 'broken': lawyerThe English singer has been ordered to stand trial over allegations he copied his hit song 'Thinking Out Loud' from Marvin Gaye's classic 'Let's Get It On.'
Read more »



Render Time: 2025-03-01 00:06:13