Tuesday, October 06, 2020

Big-techs exercised and abused from Monopoly Power


The 449 page document about the investigation that the house lawmakers spent 15months showed that Google, Apple, Facebook, and Amazon have been abusing from their monopoly position.

For the surprise of many skeptical people about the process, the lawmakers suggest substantial changes. Changes in law, restructuring of the companies, a change in the supervision organizations that oversee these companies.

Bigtechs were compared to oil barons monopolies, and a lot more is expect to follow as these companies are also being prosecuted the Justice Department.


From: https://www.nytimes.com/2020/10/06/technology/congress-big-tech-monopoly-power.html

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