A 450-page report from the House Judiciary Committee exploring breaches of anti-trust law might sound like a cure for insomnia, but the BBC's man in Silicon Valley, James Clayton, tells us it is anything but a dry read. Which means that the Democratic workers recommends options together with forcing tech firms to be damaged up or imposing enterprise buildings that make totally different strains of enterprise functionally separate from the mother or father firm. None of the above deals add any significant revenues to the companies' existing business lines, but the report still argued that such moves "strengthens their market power and can close off market entry".
Tons of information is included in this report, needless to say.
For many start-ups and small businesses, the proposed new regulations offer a glimmer of much-needed relief in an unforgiving marketplace that hinders industry growth.
"Our investigation leaves no doubt that there is a clear and compelling need for Congress and the antitrust enforcement agencies to take action that restores competition, improves innovation and safeguards our democracy", Jerrold Nadler, Democrat of NY and chairman of the judiciary committee, and David Cicilline, Democrat of Rhode Island and chairman of the antitrust subcommittee, said in a joint statement.
The four agreed, noting then that they did not have a monopolistic position, that their services supported small American businesses and that without them the Chinese tech giants could prevail.
It calls for "structural separations" to prohibit companies from competing on platforms they operate.
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".
Delta leaves mess in storm-hit Louisiana
There was a previous storm named Delta in November 2005. "I had just put away my daughter's toys". "I stayed for the last one". The Louisiana governor's office said it had no reports of deaths early Saturday, but a hurricane's wake can be treacherous.
Along with its market dominance, Amazon has continued extensive acquisitions to shore up customer data, and in turn, increased its influence on online shoppers through data analytics.
Google took issue with both reports, saying they contain "outdated and inaccurate allegations from commercial rivals" about Google's search engine and other services.
Apple declined to comment. This follows a 16-month investigation into these companies to reform the laws in the digital age. The companies themselves would strongly oppose such measures, as evidenced by an internal document prepared by Facebook's legal team that described breaking up as a "nonstarter".
The old dream of politicians like Democrat Elizabeth Warren to "chop up" big tech has not been possible. It also revealed how companies did everything they could to dominate over competitors in order to control large portions of the internet.
State attorneys probe Google: A group of state attorneys general led by Texas is expected to file a lawsuit focused on digital advertising, while a group led by Colorado is contemplating a more expansive lawsuit against Google that may also include concerns about its Android business.