Antitrust hearing concludes with a call to break up Big Tech – here are the highlights

Antitrust hearing concludes with a call to break up Big Tech – here are the highlights

4 years ago
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https://tech.newstatesman.com/business/antitrust-hearing-concludes-with-a-call-to-break-up-big-tech-here-are-the-highlights

Yesterday’s congressional antitrust hearing – which dragged on for more than five gruelling hours – was less about explosive revelations and more of a grim reappraisal of the monopolistic practices that Big Tech uses to strangle competition and dominate their respective spheres.

The hearing opened with a statement from House Antitrust Committee chairman David Cicilline, in which he said the way Google, Facebook, Apple and Amazon operate jeopardises entrepreneurship and ensures sustained market dominance: “Simply put, they have too much power.”

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