Information Today, Inc. Corporate Site KMWorld CRM Media Streaming Media Faulkner Speech Technology Unisphere/DBTA
Other ITI Websites
American Library Directory Boardwalk Empire Database Trends and Applications DestinationCRM EContentMag Faulkner Information Services Fulltext Sources Online InfoToday Europe Internet@Schools Intranets Today KMWorld Library Resource Literary Market Place OnlineVideo.net Plexus Publishing Smart Customer Service Speech Technology Streaming Media Streaming Media Europe Streaming Media Producer Unisphere Research



News & Events > NewsBreaks
 



Back Index Forward
Twitter RSS Feed
Weekly News Digest

October 8, 2020 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

'House Lawmakers Condemn Big Tech's "Monopoly Power" and Urge Their Breakups' by Cecilia Kang and David McCabe

Cecilia Kang and David McCabe report the following for The New York Times:

House lawmakers who spent the last 16 months investigating the practices of the world’s largest technology companies said on [Oct. 6] that Amazon, Apple, Facebook and Google had exercised and abused their monopoly power and called for the most sweeping changes to antitrust laws in half a century.

In a 449-page report that was presented by the House Judiciary Committee’s Democratic leadership, lawmakers said the four companies had turned from ‘scrappy’ start-ups into ‘the kinds of monopolies we last saw in the era of oil barons and railroad tycoons.’ The lawmakers said the companies had abused their dominant positions, setting and often dictating prices and rules for commerce, search, advertising, social networking and publishing.

To amend the inequities, the lawmakers recommended restoring competition by effectively breaking up the companies, emboldening the agencies that police market concentration and throwing up hurdles for the companies to acquire start-ups. …

The House report is the most significant government effort to check the world’s largest tech companies since the government sued Microsoft for antitrust violations in the 1990s. It offers lawmakers a deeply researched road map for turning criticism of Silicon Valley’s influence into concrete actions.

For more information, read the article.



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

Related Articles

7/18/2019U.S. Representatives Discuss Big Tech Companies
11/12/2019GPO Makes Congressional Hearing Records Available Online
5/5/2020Combating Misformation and Disinformation on the Web: A Roundup
8/20/2020'Publishing Leaders Issuing Warning Over Amazon's Market Power' by Jim Milliot
9/15/2020TikTok's User Data Security Becomes a Political Issue
10/22/2020The New York Times: 'U.S. Accuses Google of Illegally Protecting Monopoly'


Comments Add A Comment

              Back to top