In the months that the investigation has lasted, more than 1.3 million documents have been investigated and more than 300 interviews have been conducted through the committee led by Democratic Congressman David Cicilline, which has concluded that these same companies they also competed in the market, thus creating "a position that allowed them to dictate a series of rules for some companies while they adjusted to others".
Republican representatives, whereas they agreed with among the committee's conclusions, have balked at among the extra radical suggestions comparable to imposing structural separations on the tech giants. Consumers who have seen their personal data hoovered up by these firms, especially Google and Facebook, and then sold against personalised advertising for tens of billions of dollars of profit, will be experiencing some schadenfreude - akin to the relief South Africans felt last week when corrupt officials were finally arrested by the Hawks. While Amazon called the proposals "fringe notions of antitrust" and said that it "vehemently disagrees" with them, Apple claimed that it doesn't even fall in the same category as the others because it does not have dominant market share in any of the sectors it does business in.
The report recommends a number of possible remedies to restore competition in the digital economy, as well as strengthen antitrust laws, and reinvigorating antitrust enforcement.
Improve budgets for the FTC and Division of Justice Antitrust Division. In addition to a host of burdening social issues is the conundrum that now faces Big Tech.
Tech Tent: Giants under the cosh from Congress
Apple and Amazon are accused, amongst others, of abusing their market dominance in the app store and marketplace, respectively. The old dream of politicians like Democrat Elizabeth Warren to "chop up" big tech has not been possible.
The separate report called for more "targeted" enforcement of existing antitrust laws when compared to "onerous and burdensome regulation that kills industry innovation". It will be up to the new Congress elected in November to decide whether to take action on the report. The result, the report said, harms news organizations and has "materially weakened innovation and entrepreneurship in the USA economy" as well as undermined privacy. "The goal of antitrust law is to protect consumers, not help commercial rivals", said Google.
Republicans members of Congress did not sign off on the recommendations from the House Judiciary Committee report, instead issuing their own version entitled: "A Third Way to Take on Big Tech".
"If the goal is simply to knock down successful USA businesses, then perhaps this plan would score a hit", said Schruers. However, such reforms need congressional approval and would affect not just Silicon Valley but the nation's overall economy, making the Congressional antitrust committee proposal a major step against corporate consolidation.
Facebook, Apple, Google and Amazon, the U.S. technology companies, are abusing their dominant position in the online services market on a large scale.
Apple also disputed the report findings, stating that developers have benefited from Apple's App Store which has enabled new services and new markets in recent years.