Democrats open antitrust probe of tech industry

House Democrats on Monday launched a sweeping antitrust investigation of the nation's largest tech companies, including Google and Facebook, opening a new front against an industry that's increasingly under siege in Washington and Europe.

Rep. David Cicilline , who chairs the House Judiciary antitrust subcommittee leading the effort, told reporters Monday his panel will conduct “a broad investigation of these digital platforms ... with an eye toward developing kind of a deeper understanding of how the market is failing, why the internet is broken and why it’s not functioning well, and then looking at what we need to do in terms of legislative action.

The congressional investigation and recent moves by Trump regulators to lay the groundwork for future antitrust probes dramatically raise the stakes for tech companies, which face constant criticism on both sides of the Atlantic over their handling of everything from user privacy to hate speech, disinformation and political content.

The Judiciary probe, Congress' first major antitrust investigation into a specific sector in decades, gives an outlet to House Democrats' pent-up frustration over an industry they view as out of control and thinly regulated. By launching a formal inquiry, the panel will be able to request documents and compel company leaders to testify at depositions.

When you bite the hand that feeds you...

BaileyPittipat Was hoping I would see, BREAKING: House begins impeachment inquiry of Donald Trump!!! SpeakerPelosi SenSchumer RepAdamSchiff RepJerryNadler SenKamalaHarris

Bout time

Gosh, just maybe FB, sherylsandberg shouldn’t have pissed off SpeakerPelosi. In hindsight, taking down the video seems like a damn fine idea!

sad

typical strategy to extort campaign funds ahead of the next election.

Breaking: Tech Companies announce move to move overseas crippling the US economy and stock market crashing

It is about time. Thank you.

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Microsoft hasn't given up on its ads business even though Facebook and Google are dominatingLinkedIn's Drawbridge deal shows a continuing effort to grow Microsoft's relatively small advertising business. It’s amazing that despite all their years experience and advanced degrees how utterly dumb CEO’s are. MS is a SW company and one that continues to use its monopoly history to maintain leadership which it can do in the cloud. Any pursuit of advertising is folly as is Cortana & HW.
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The government is threatening big tech — and the market just took noticeApple, Google, Facebook and Amazon are facing potential regulatory scrutiny and investors are paying close attention. these r some of the dirtiest companies on planet run by far left radicals pushing their sick and twisted perverted progressive world view on society and limiting and destroying those who they dont agree with! break em up and fine them a massive sum $$$$ JackPosobiec Good good good good news.
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