Techlife News - 15.02.2020

(nextflipdebug5) #1

Rep. David Cicilline, D-R.I., the chair of the
House Judiciary subcommittee on antitrust
who is leading the panel’s probe, called
the FTC’s new action “an important step in
correcting the decades of inaction by antitrust
enforcement agencies that have led to
consolidation in the digital marketplace and
across almost all sectors of our economy.”


Cicilline has said that Congress and antitrust
regulators wrongly allowed the big tech
companies to regulate themselves, enabling
them to operate out of control, dominating
the internet and choking off online innovation
and entrepreneurship. He has suggested
that legislative changes may be needed,
though he has called breaking up the
companies a last resort.

Free download pdf