Apple Magazine - USA - Issue 457 (2020-07-31)

(Antfer) #1
In its bipartisan investigation, the Judiciary
subcommittee collected testimony from mid-
level executives of the four firms, competitors
and legal experts, and pored over more
than a million internal documents from the
companies. A key question: whether existing
competition policies and century-old antitrust
laws are adequate for overseeing the tech
giants, or if new legislation and enforcement
funding is needed.
Subcommittee chairman Rep. David Cicilline,
a Rhode Island Democrat, has called the four
companies monopolies, although he says
breaking them up should be a last resort. While
forced breakups may appear unlikely, the wide
scrutiny of Big Tech points toward possible new
restrictions on its power.
“Simply put, they have too much power,”
Cicilline said in opening remarks Wednesday,
as he laid out data pointing up the power of
the four tech companies as essential cogs of
commerce and communications.

Image: Alex Brandon

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