What the EU Gets Right—and the US Gets Wrong—About Antitrust

from Wired THERE’S A GROWING bipartisan consensus in the US to rein in the massive power accumulated by dominant tech firms. From state capitals to Congress, officials have launched multiple investigations of whether the big four of Amazon, Apple, Facebook, and Google are now forces more for harm than good and whether their size and scale demand government action to curtail them or potentially break them up. US regulators have not yet shown all their cards, but they should pause before arguing that too big equals anticompetitive, or seeking to break up or substantially restructure the tech giants. Instead, they […]

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House Lawmakers Condemn Big Tech’s ‘Monopoly Power’ and Urge Their Breakups

from NYTs House lawmakers who spent the last 16 months investigating the practices of the world’s largest technology companies said on Tuesday that Amazon, Apple, Facebook and Google had exercised and abused their monopoly power and called for the most sweeping changes to antitrust laws in half a century. In a 449-page report that was presented by the House Judiciary Committee’s Democratic leadership, lawmakers said the four companies had turned from “scrappy” start-ups into “the kinds of monopolies we last saw in the era of oil barons and railroad tycoons.” The lawmakers said the companies had abused their dominant positions, […]

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The Plain View

from Plaintext Like any good nonfiction writer, the Majority Staff (i.e., Democrats) of the House Subcommittee on Antitrust, Commercial, and Administrative Law has produced a long-read document distinguished by deep research and an unyielding thesis: Big Tech is too big, too bad, and fights dirty. Sixteen months ago, the subcommittee set out to expose bad behavior in Silicon Valley’s top companies. Empowered with subpoenas, it had little trouble finding it. The docket of whistle-blowing witnesses and damning exhibits uncovered a litany of bullying, self-interested, anti-competitive behavior that justified the exercise, which some thought redundant because of ongoing investigations by the […]

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Why This Author Is Taking A Stand Against Amazon’s Audiobook Monopoly

from Fast Company When science fiction writer and activist Cory Doctorow releases his new novel, Attack Surface, next month, you’ll be able to pick up a physical copy from Amazon, Barnes & Noble, or your local independent bookstore. If you’d prefer an e-book, you’ll be able to download it on Amazon’s Kindle, Barnes & Noble’s Nook, and other mainstream digital book platforms. But if you’re someone who prefers an audiobook, you’ll find the novel, which deals with a corporate cybersecurity expert struggling with the morality of her work, absent from one of the biggest audiobook stores on the internet: Amazon’s […]

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