After a 16-month investigation into competitive practices at Apple, Amazon, Facebook and Google, the House Judiciary subcommittee on antitrust has released its findings and recommendations on how to reform laws to fit the digital age.
The report concludes that the four Big Tech companies enjoy monopoly power and suggests Congress take up changes to antitrust laws that could result in parts of their businesses being separated.
Republicans have voiced objections to some of the bolder proposals in the report, such as imposing structural separations.
I agree amazon has done that. But what is stopping other large corps from doing the same? Walmart has tons of money, and has been trying to take some of that market share.
And there are 1000’s of good, online retailers out there.
I am just not seeing a monopoly…I can certainly be wrong.
I don’t need legislation to acknowledge what I choose is right…or wrong? I deeply care about my fellow Americans and want the very best opportunities for them. Doing business with Amazon decreases the opportunities for the masses, while lining the pockets of a few with stupid amounts of money.
Well, if you truly want the very best opportunities for as many as possible, it will need to be done legislatively. You know the old saying about wishing in one hand…
Now the question you maybe should ask yourself is, how much of the earth was poisoned due to no pollution regulations, that lowered the cost, for your cheap tv? If you fully knew all of the costs, you may not be as happy?
I love the outdoors and consider the clean environment to be priceless. What I’m saying to you is, if you thought about the total cost…not just what you paid at the register, you may have a different mindset towards our discussion?
Just because all of China’s pollution is out of sight, don’t let it be out of your mind.